CFD Trading – Buy PICC P&C (2328.HKE) at $8.21. Stop at $8.08 and Target at $8.80.

PICC P&C   Stock Code 2328.HKE


After reaching a high of HK$8.87 on 15 September 2022, price went into a decline .The uptrend remains intact as price is still trading above the cloud. The cloud is currently acting as support to halt the price decline. The lagging span is above the cloud but is below the price. MACD is hovering around the zero line. As long as price stays above the cloud, we are likely to see price rebounding to retest its high again.


$8.21                 Buy

$8.80                 Price Target

$8.08                 Risk Management Stop

2 weeks             Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.