CNBM Stock Code 3323.HKE
Outlook
The chart outlook of the stock price is bullish as price is trading above the cloud. Conversion and Base lines had a bullish crossover earlier. Lagging Span is above the price of 26 days ago but is still inside the cloud. MACD is bullish with both of its lines above the zero line. A bullish MACD crossover is hinting at a potential upside. We are likely to see price continuing to move higher to the next price resistance at HK$12.02 in the next 1-2 weeks.
Strategy
$10.70 Buy
$12.00 Price Target
$9.70 Risk Management Stop
2 weeks Trade Duration
