CHINA COMM CONS Stock Code 1800.HKE
Price rebounded after being supported by its previous low support zone. A Bullish Engulfing candlestick pattern was formed in the previous session, hinting at a bullish price trend. There is divergence warning given from the MACD that hints at a possible rally ahead. These could increase chances of the stock price rebounding from this support level to move higher to the price target at HK$4.37, in the next 1-2 weeks.
$4.37 Price Target
$3.85 Risk Management Stop
2 weeks Trade Duration