SUNNY OPTICAL Stock Code 2382.HKE
Price reached a low at HK$93.55 and this could be a possible bottom. Price rebounded from this low and closed above the middle Bollinger band, which is the 20-day moving average. There is divergence warning given from MACD that warns of a possible price low and a corrective rally ahead. We are likely to see price rebounding to move higher to the next resistance point at HK$128.70 in the next 1-2 weeks.
$128.70 Price Target
$93.30 Risk Management Stop
2 weeks Trade Duration