CFD Trading – Buy Sino Biopharm (1177.HKE) at $4.05 Stop at $3.72 and Target at $4.55.

SINO BIOPHARM   Stock Code 1177.HKE


Price rebounded from its recent price low support zone. It penetrated and closed above its recent price high as well, showing the increased upward momentum. There is also a bullish conversion and base lines crossover that hints at potential upside ahead. There is also divergence warning given from MACD. We are likely to see price moving higher.


$4.05                 Buy

$4.55                 Price Target

$3.72                 Risk Management Stop

2 weeks              Trade Duration

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