CFD Trading – Buy SHK PPT (0016.HKE) at $95.00 Stop at $92.65 and Target at $102.75.

SHK PPT   Stock Code 0016.HKE


The price correction was halted at the cloud support, which also coincides with the base line support. Conversion and base lines remain in a bullish crossover that hints at a bullish price trend. MACD is bullish and is hinting at bullish movement ahead. We see price rebounding from the support area to move higher to the price target at HK$102.76 in the next 1-2 week.


$95.00                Buy

$102.75              Price Target

$92.65                Risk Management Stop

2 weeks              Trade Duration

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