CHINA JINMAO Stock Code 0817.HKE
The uptrend remains intact as price is trading above the cloud. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. Lagging Span is above price of 26 days ago but is below the cloud. MACD is bullish as both of its lines are above the zero line. We are likely to see price resuming its upward momentum to move higher in the next 1-2 weeks.
$1.95 Price Target
$1.48 Risk Management Stop
2 weeks Trade Duration