CFD Trading – Buy Chinasoft International (0354.HKE) at $8.56. Stop at $8.03 and Target at $9.50.

CHINASOFT INT’L   Stock Code 0354.HKE


Price hit its previous support low at HK$8.05 two days ago, forming potential Double Bottom chart pattern. It could be forming a potential Morning Star reversal candlestick pattern at this support level. Divergence warning was given from the RSI that warns of possible price low. We could see price rebounding from this support level to move higher.


$8.56                 Buy

$9.50                Price Target

$8.03                 Risk Management Stop

2 weeks             Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.