HYSAN DEV Stock Code 0014.HKE
Outlook
Price is currently consolidating within a range of HK$23.55 to HK$25.00. The Bollinger bands are narrowing, hinting at a potential breakout with high volatility ahead. There was a divergence warning given from MACD that hints at a possible price low. We may see price breaking above its upper range of HK$25.00 to move higher to the next price target at HK$26.60 in the next 1-2 weeks ahead.
Strategy
$25.05 Buy Stop
$26.60 Price Target
$24.10 Risk Management Stop
2 weeks Trade Duration
