CFD Trading – Buy China East Air (670.HKE) at $3.15. Stop at $3.00 and Target at $3.50

CHINA EAST AIR   Stock Code 0670.HKE


Price broke and closed above the cloud during the last trading session, turning the stock outlook from bearish to bullish. A bullish Conversion and Base line crossover is likely, hinting at potential upside ahead. The MACD is still bullish and there is a bullish MACD crossover that hints at potential upward movement. We are likely to see price continuing its upward momentum to move higher to the next resistance point at HK$3.50.


$3.15                 Buy

$3.50                Price Target

$3.00                Risk Management Stop

2 weeks           Trade Duration

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