HYSAN DEV Stock Code 0014.HKE
Outlook
Price broke and closed above the cloud, changing the chart outlook from bearish to bullish. A bullish Conversion and Base line crossover is likely in the coming session, hinting at potential upside ahead. MACD had a bullish crossover and is rising. We are likely to see price continuing to move higher to the next price resistance at HK$25.40 in the next 1-2 weeks ahead.
Strategy
$23.30 Buy
$25.40 Price Target
$22.30 Risk Management Stop
2 weeks Trade Duration
