CFD Trading – Buy Tingyi (322.HKE) at $13.86. Stop at $13.20 and Target at $15.13.

TINGYI   Stock Code 0322.HKE

Outlook

Price rebounded after being supported by the Base line, which is acting as support at the moment. Conversion and Base lines remain in a bullish crossover that hints at potential upside ahead. MACD is bullish and is moving higher, and a bullish crossover is likely in the coming session. We are likely to see price continuing to move higher.

Strategy                  

$13.86                Buy

$15.13                Price Target

$13.20                Risk Management Stop

2 weeks              Trade Duration

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