CFD Trading – Buy Lenovo Group (0992.HKE) at $7.85. Stop at $7.40 and Target at $9.10.

LENOVO GROUP   Stock Code 0992.HKE


Price rebounded after hitting its previous low support zone. MACD is giving divergence warning that hints at possible price low. The Conversion line is acting as support currently. We are likely to see price penetrating above its previous resistance high and to move higher to the Ichimoku V-shape reversal price target at HK$9.10.


$7.85                 Buy

$9.10                 Price Target

$7.40                 Risk Management Stop

2 weeks              Trade Duration

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