CFD Trading – Buy Sunny Optical (2382.HKE) at $103.80. Stop at $90.70 and Target at $124.90.

SUNNY OPTICAL Stock Code 2382.HKE

Outlook

The chart outlook has turned bullish as price broke and closed above the cloud in the previous trading session. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish and is moving higher, suggesting the increased upward momentum. We are likely to see price continuing to move higher.

Strategy

$103.80              Buy

$124.90              Price Target

$90.70                Risk Management Stop

2 weeks             Trade Duration

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