CFD Trading – Buy Petrochina (0857.HKE) at $3.41. Stop at $3.25 and Target at $3.65.

PETROCHINA   Stock Code 0857.HKE


The chart outlook has turned bullish as price broke above the cloud in the previous trading session. Price is also trading above the base line. MACD is rising towards the zero line after having a bullish crossover, suggesting the increased upward momentum. Conversion line is turning up for a bullish conversion and base lines crossover. We could see price moving higher in the next 1-2 weeks as long as long as it stays above the cloud.


$3.41                 Buy

$3.65                 Price Target

$3.25                 Risk Management Stop

2 weeks              Trade Duration

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