CHINA RES POWER Stock Code 0836.HKE
The outlook of this share is bearish as price is trading below the cloud. Conversion and Base lines remain to have a bearish crossover. Lagging Span is below the price of 26 days ago and below the cloud, confirming the bearish trend. MACD is bearish as it is still having a bearish crossover. These could increase chances of the stock price moving lower to the next price support at HK$11.75 in the next 1-2 weeks.
$11.70 Price Target
$15.40 Risk Management Stop
2 weeks Trade Duration