CFD Trading – Buy SH Pharma (2607.HKE) at $16.20. Stop at $15.35 and Target at $18.20

SH PHARMA   Stock Code 2607.HKE


Price penetrated and closed above the cloud yesterday, turning the stock outlook from bearish to bullish with a long bullish candle. The Lagging Span is above the cloud and the price of 26 days ago, confirming the bullish trend. A bullish Conversion and Base line crossover is likely in the coming session. The MACD is also moving higher after having a bullish crossover. We are likely to see price continuing to move higher to the previous high at HK$18.30


$16.20                Buy

$18.20                Price Target

$15.35                Risk Management Stop

2 weeks              Trade Duration

Leave a Reply

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