CFD Trading – Buy Nexteer (1316.HKE) at $4.99. Stop at $4.53 and Target at $5.80.

NEXTEER   Stock Code 1316.HKE


Price rebounded from the base line support, which is also the Fibonacci 50% correction point. Conversion and base lines remain in a bullish crossover that hints at a potential upside ahead. MACD has turned bullish and is moving higher, suggesting the bullishness of the stock price. We are likely to see price continuing its upward momentum to move higher.


$4.99                 Buy

$5.80                 Price Target

$4.53                 Risk Management Stop

2 weeks             Trade Duration

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