COSCO SHIP HOLD Stock Code 1919.HKE
Price managed to stay above the cloud, keeping the bullish trend intact. The Base line is acting as support at the moment. Conversion and Base lines remain a bullish crossover, hinting at a bullish price trend. MACD is bullish and just had a bullish crossover that hints at potential upside ahead. We are likely to see price rebounding from the Base line support to move higher to HK$19.49.
$17.50 Price Target
$14.40 Risk Management Stop
2 weeks Trade Duration