SANDS CHINA LTD Stock Code 1928.HKE
Outlook
Price rebounded from the base line support, coinciding with the Fibonacci 50% correction point in the recent correction. The chart outlook has turned bullish as price closed above the cloud in the previous trading session. Conversion and base lines remain in a bullish crossover. MACD is bullish and is turning up, hinting at a bullish price trend. We are likely to see price continuing its upward momentum to move higher.
Strategy
$18.80 Buy
$21.80 Price Target
$16.40 Risk Management Stop
2 weeks Trade Duration
