CFD Trading – Buy Xiaomi-W (1810.HKE) at $11.50. Stop at $9.95 and Target at $14.30.

XIAOMI-W Stock Code 1810.HKE

Outlook

The chart outlook has turned bullish as price is trading above the cloud. The Lagging Span is above the price of 26 days ago as well as the cloud, confirming the bullish price trend. Conversion and base lines remain in a bullish crossover, hinting at a bullish price trend.  MACD is bullish and is rising. MACD is hinting at a bullish price trend. We are likely to see price continuing to move higher.

Strategy                     

$11.50                Buy

$14.30                Price Target

$9.95                 Risk Management Stop

2 weeks              Trade Duration

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