CFD Trading – Buy Sands China (1928.HKE) at $20.40. Stop at $18.20 and Target at $23.80.

SANDS CHINA LTD   Stock Code 1928.HKE

Outlook

Price rebounded from the upper boundary of the cloud support with a rising window yesterday, showing the strong upward momentum of the stock price. Conversion and base lines are rising after having a bullish crossover. Lagging span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is strong and bullish and is rising as well. We are likely to see price continuing to move higher in the next 1-2 weeks.

Strategy

$20.40                Buy

$23.80                Price Target

$18.20                Risk Management Stop

2 weeks             Trade Duration

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