CFD Trading – Buy CEB Bank (6818.HKE) at $3.03. Stop at $2.95 and Target at $3.20

CEB BANK   Stock Code 6818.HKE


Price continues its rally after being supported by the Conversion line which is acting as first layer of support. It penetrated above its recent high during the last trading session. Conversion and Base lines had a bullish crossover, hinting at a potential upside ahead. Lagging Span is above the price of 26 days ago and is above the cloud, confirming the bullish trend. MACD is strong and bullish with both its lines high above the zero line. We are likely to see price continuing to move higher to the next resistance at HK$3.20 within the next 1-2 weeks.


$3.03                 Buy

$3.20                 Price Target

$2.95                 Risk Management Stop

2 weeks             Trade Duration

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