CHINA RES BEER Stock Code 0291.HKE
Price rebounded from the Fibonacci 62% correction point. Conversion and Base lines remain in a bullish crossover that hints at a potential upside ahead. Conversion and Base lines are currently supporting price. MACD is bullish and is turning up, and a bullish crossover is likely in the coming session. These could increase chances of the stock price resuming its upward momentum to move higher.
$59.00 Price Target
$52.55 Risk Management Stop
2 weeks Trade Duration