CFD Trading – Buy PICC P&C (2328.HKE) at $7.68. Stop at $7.35 and Target at $8.60

PICC P&C   Stock Code 2328.HKE


Price is currently having a price correction after hitting a high at HK$8.65. A long-legged Spinning Top candlestick pattern was formed at the Fibonacci 50% correction point yesterday, which could be a hint of a possible rebound. The bullish price trend remains intact and MACD is bullish. We are likely to see price rebounding to retest its previous high of HK$8.60 again in the next 1-2 weeks.


$7.68                 Buy

$8.60                 Price Target

$7.35                 Risk Management Stop

2 weeks           Trade Duration

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