CHINASOFT INT’L Stock Code 0354.HKE
Price continued its upward momentum after breaking out from a Flag pattern, which is a continuation pattern. There was a bullish Conversion and Base lines crossover that hints of a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. The MACD remains bullish and there is a bullish crossover that hints of potential upsides ahead. We could see price continuing to move higher towards its price target of HK$17.20.
$17.20 Price Target
$13.80 Risk Management Stop
2 weeks Trade Duration