CFD Trading – Buy Sino Biopharm (1177.HKE) at $4.41. Stop at $4.10 and Target at $5.00.

SINO BIOPHARM   Stock Code 1177.HKE


Price rebounded after being supported by the Base line which is acting as support currently. Conversion and Base lines remain in a bullish crossover that hints at possible upside ahead. MACD is bullish and is rising above the zero line. We are likely to see price continuing its upward momentum to its previous resistance high in the next 1-2 weeks.


$4.41                 Buy

$5.00                 Price Target

$4.10                 Risk Management Stop

2 weeks             Trade Duration

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