CFD Trading – Buy Sunny Optical (2382.HKE) at $108.80. Stop at $93.30 and Target at $128.70.

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.


$108.80              Buy

$128.70              Price Target

$93.30                Risk Management Stop

2 weeks              Trade Duration

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