CFD Trading – Buy CSPC Pharma (1093.HKE) at $9.30. Stop at $8.70 and Target at $10.20.

CSPC PHARMA   Stock Code 1093.HKE


The outlook of the stock price has turned bullish as price broke and closed above the cloud during the last trading session. There was also a bullish conversion and base lines crossover that hints at a potential upside ahead. The 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 strength. We are likely to see price continuing its upward momentum to move higher towards HK$10.20 in the next 1-2 weeks.


$9.30                 Buy

$10.20                Price Target

$8.70                 Risk Management Stop

2 weeks             Trade Duration

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