CHINA RAILWAY Stock Code 0390.HKE
Price rebounded after re-testing its previous low support zone. MACD had given a divergence warning. MACD is hinting at possible rally ahead. MACD has a bullish crossover as well. Conversion line is moving higher and is likely to have a bullish crossover with the Base line. These could increase chances of the stock price moving higher to the price target at HK$5.88 in the next 1-2 weeks.
$5.88 Price Target
$4.85 Risk Management Stop
2 weeks Trade Duration