CFD Trading – Sell China Res Power (836.HKE) at $14.06. Stop at $15.40 and Target at $11.70

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.


$14.06                Sell

$11.70                Price Target

$15.40                Risk Management Stop

2 weeks              Trade Duration

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