LENOVO GROUP Stock Code 0992.HKE
Outlook
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.
Strategy
$7.85 Buy
$9.10 Price Target
$7.40 Risk Management Stop
2 weeks Trade Duration
