CFD Trading – Buy Sunny Optical (2382.HKE) at $182.30. Stop at $182.30 and Target at $220.10

SUNNY OPTICAL   Stock Code 2382.HKE


Price has been on a decline and has reached its previous low support level. A potential Piercing Line reversal candlestick pattern was seen at this support level in the previous trading session, hinting at a possible price low. The MACD histogram had given a divergence warning that hints at potential rebound ahead. We are likely to see price rebounding from this support level and to move higher to the next price resistance at HK$220.29 in the next 1-2 weeks.


$192.80              Buy

$220.10              Price Target

$182.30              Risk Management Stop

2 weeks              Trade Duration

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