CFD Trading – Sell HKEX (0388.HKE) at $342.20. Stop at $354.65 and Target at $317.40

HKEX   Stock Code 0388.HKE


The chart outlook of this stock is bearish as price is trading below the cloud. Conversion and base lines remain in a bearish crossover that hints at potential downside ahead. MACD is bearish and is moving lower, hinting at the strong bearish price trend. We are likely to see price continuing to move lower to the next support at $317.40 in the next 1-2 weeks.


$342.20              Sell

$317.40              Price Target

$354.65              Risk Management Stop

2 weeks              Trade Duration

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