CFD Trading – Buy Zhao Jin Mining (1818.HKE) at $6.70. Stop at $6.20 and Target at $7.70

Zhao Jin Mining Stock Code 1818.HKE


Price penetrated above cloud three days ago and has managed to stay above the cloud, keeping the bullish trend intact. There was a bullish Conversion and Base lines crossover that hints at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. The MACD is bullish and is moving higher, suggesting an increased upward momentum. We are likely to see price resuming its upward momentum to move higher to the next price target at HK$7.70.


$6.70                 Buy

$7.70                 Price Target

$6.20                 Risk Management Stop

3 weeks              Trade Duration

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