CHINA EAST AIR Stock Code 0670.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 that hints at a potential upside ahead. Lagging Span is above the price of 26 days ago and the cloud, confirming the bullish price trend. MACD is strong and bullish and is moving higher. MACD is hinting at a bullish price trend. We are likely to see price continuing to move higher to the next resistance point at HK$3.68.
Strategy
$3.38 Buy
$3.68 Price Target
$3.20 Risk Management Stop
2 weeks Trade Duration
