SHK PPT Stock Code 0016.HKE
Outlook
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.
Strategy
$95.00 Buy
$102.75 Price Target
$92.65 Risk Management Stop
2 weeks Trade Duration
