CFD Trading – Buy China Rail Cons (1186.HKE) at $5.83. Stop at $5.50 and Target at $6.55

CHINA RAIL CONS   Stock Code 1186.HKE


Price is supported by the Base line which is acting as support at the moment. Conversion and Base lines had a bullish crossover earlier. Lagging Span is above the price of 26 days ago and the cloud, confirming the bullish price trend. Price broke above its recent price high and MACD is strong and bullish. We are likely to see price continuing its upward momentum to move higher to the next resistance at HK$6.55.


$5.83                 Buy

$6.55                 Price Target

$5.50                 Risk Management Stop

2 weeks             Trade Duration

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