CFD Trading – Buy China Shenhua (1088.HKE) at $25.75. Stop at $24.30 and Target at $27.80.

CHINA SHENHUA   Stock Code 1088.HKE


Price rebounded from its recent price low, which is also near to its conversion line support. Conversion and base lines remain in a bullish crossover that hints at the bullish price trend. The lagging span is above the cloud and the price of 26-days ago, confirming the uptrend. The MACD is strong and bullish. These could increase chances of the stock price moving higher to HK$27.80 in the next 1-2 weeks.


$25.75                Buy

$27.80                Price Target

$24.30                Risk Management Stop

2 weeks             Trade Duration

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