CFD Trading – Buy GREATWALL MOTOR (2333.HKE) at $26.10. Stop at $23.50 and Target at $31.30.


The bullish trend of this stock remains intact as price is still trading above the cloud. Price rebounded from the Base line support yesterday after forming a Bullish Engulfing reversal candlestick pattern, hinting of a potential price’s rally ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. The MACD is bullish and is moving higher, suggesting the increased upward strength. We are likely to see price resuming its upward momentum to test its previous high.

$26.10                Buy
$31.30                Price Target
$23.50                Risk Management Stop
2 weeks             Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.