CFD Trading – Buy JD Health (6618.HKE) at $64.10. Stop at $60.60 and Target at $71.80.

JD HEALTH   Stock Code 6618.HKE

Outlook

Price managed to stay above the cloud, keeping the uptrend intact. Conversion line is also currently supporting price, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover, hinting at a bullish price trend ahead. Lagging span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is still strong and bullish. We are likely to see price rebounding from the conversion line to retest its high again in the next 1-2 weeks.

Strategy

$64.10                Buy

$71.80                Price Target

$60.60                Risk Management Stop

2 weeks             Trade Duration

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