SINOPHARM Stock Code 1099.HKE
Outlook
The chart outlook has turned bullish as price is trading above the cloud. Price broke above a Double Bottom reversal chart pattern as well, hinting at more upside ahead. There is a bullish conversion and base lines crossover. MACD has turned bullish and is moving higher. We are likely to see price continuing its upward strength to move higher.
Strategy
$17.14 Buy
$19.70 Price Target
$15.75 Risk Management Stop
2 weeks Trade Duration
