KUNLUN ENERGY Stock Code 0135.HKE
Price has been on a decline after reaching a high of HK$7.10. However, price is currently trading around the Fibonacci 50% correction point, which is also near to the cloud support and the gap support zone. Conversion and base lines remain in a bullish crossover and the MACD remains bullish. We think that the price decline could be over and price could be rallying to its previous price high again in the next 1-2 weeks.
$7.10 Price Target
$6.10 Risk Management Stop
2 weeks Trade Duration