CFD Trading – Buy Haidilao (6862.HKE) at $15.88. Stop at $14.30 and Target at $19.45.

HAIDILAO   Stock Code 6862.HKE


The recent price decline was halted at the cloud support, which is also the Conversion line support. In the previous trading session, price also closed above the cloud, changing the chart outlook to bullish. Conversion and Base lines remain in a bullish crossover that hints for potential upside ahead. Lagging span confirms the bullish price trend. MACD is bullish and is rising, showing the increased upward momentum. We are likely to see price continuing its upward momentum to move higher.


$15.88                Buy

$19.45                Price Target

$14.30                Risk Management Stop

2 weeks              Trade Duration

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