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.
$27.80 Price Target
$24.30 Risk Management Stop
2 weeks Trade Duration