CFD Trading – Buy China Res Beer (291.HKE) at $48.00. Stop at $43.00 and Target at $55.00.

CHINA RES BEER   Stock Code 0291.HKE


Price managed to find support at the base line and is currently being supported by the conversion line.  Conversion and base lines remain in a bullish crossover and is hinting at a bullish price trend. MACD has been rising gradually towards the zero line, suggesting increased upward momentum. We are likely to see price continuing its upward momentum to move higher.


$48.00                Buy

$55.00                Price Target

$43.00                Risk Management Stop

2 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.