CFD Trading – Buy PICC P&C (2328.HKE) at $7.10. Stop at $6.80 and Target at $7.60

PICC P&C   Stock Code 2328.HKE


The outlook of this stock remains bullish as price is still trading above the cloud. There is a bullish Conversion and Base lines crossover that hints for potential upside. Price is now trading near to its Base line support with the formation of a Hammer candlestick pattern reinforcing the possibility of a possible low being formed. MACD is still bullish at the moment. These could increase chances of the stock price rebounding from the Base line support to retest its high again.


$7.10                 Buy

$7.60                 Price Target

$6.80                 Risk Management Stop

2 weeks              Trade Duration

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