CFD Trading – Buy Kingboard Holding (148.HKE) at $38.45. Stop at $35.15. and Target at $44.80.

Kingboard Holding Stock Code 148.HKE


Price managed to stay above the cloud during a price correction, keeping the bullish trend intact. The price correction also stopped at the Fibonacci 62% correction, hinting that the correction is over. Price has also managed to close above the base line resistance in the previous trading session, which could be a hint that price is about to move higher. MACD remains bullish and there is a bullish crossover, which is hinting at a bullish price trend ahead. We see price moving higher to the Fibonacci 138% price projection point at HK$44.83 in the next 2-3 weeks.


$38.45                Buy

$44.80                Price Target

$35.15                Risk Management Stop

3 weeks Trade Duration

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