CCB Stock Code 0939.HKE
Outlook
The recent price decline was halted at the edge of the cloud support, coinciding with the Conversion line support. Price has rebounded with a Bullish Engulfing candlestick pattern, hinting at potential rally ahead. Conversion and Base lines remain in a bullish crossover, hinting at a bullish price trend. Lagging span confirms the bullish price trend. MACD remains bullish. We are likely to see price continuing its upward strength to move higher.
Strategy
$5.82 Buy
$6.20 Price Target
$5.60 Risk Management Stop
2 weeks Trade Duration
