CFD Trading – Buy CCB (939.HKE) at $5.87. Stop at $5.70 and Target at $6.20

CCB   Stock Code 0939.HKE

Outlook

This stock is still trading above the cloud, keeping the bullish trend intact. Price formed a One White Soldier candlestick pattern yesterday, which is one of the reversal candlestick pattern, hinting of a possible low. MACD remains bullish with both of its lines are above the zero line. We are likely to see price resuming its upward momentum to move higher to the previous high at HK$6.23.

Strategy                  

$5.87                 Buy

$6.20                 Price Target

$5.70                 Risk Management Stop

2 weeks              Trade Duration

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