CLP HOLDINGS Stock Code 0002.HKE
Outlook
Price broke and closed above the cloud yesterday, turning the stock outlook from bearish to bullish. Conversion and Base lines had a bullish crossover that hints at the uptrend ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish and is moving higher, hinting at potential upside ahead. We see price continuing its upward momentum to move higher.
Strategy
$77.60 Buy
$82.40 Price Target
$75.00 Risk Management Stop
2 weeks Trade Duration
