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.
$3.50 Price Target
$3.00 Risk Management Stop
2 weeks Trade Duration