Yuexiu REIT Stock Code 405.HKE
Outlook
Price broke above the cloud, changing the chart outlook to bullish. Conversion line and Base line remain in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment. MACD is above the zero line and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous resistance high at HKD2.41 in the next 2-3 weeks
Strategy
$2.03 Buy
$2.40 Price Target
$1.86 Risk Management Stop
3 weeks Trade Duration
