CFD Trading – Buy PA Gooddoctor (1833.HKE) at $19.14. Stop at $18.00 and Target at $22.00.

PA GOODDOCTOR   Stock Code 1833.HKE

Outlook

The chart outlook remains bullish as price is trading above the cloud. A Hammer candlestick pattern was formed near the Fibonacci 62% correction point, hinting at the end of a price correction. This correction was also supported by the cloud and conversion line.  Conversion and base lines remain in a bullish crossover, hinting at a bullish price trend ahead. MACD is still bullish at the moment. We are likely to see price rebounding to move higher.

Strategy                     

$19.14                Buy

$22.00                Price Target

$18.00                Risk Management Stop

2 weeks              Trade Duration

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