CHINA LONGYUAN Stock Code 916.HKE
Price broke above the cloud three days ago and has been continuing its strong uptrend since the breakout. Conversion and base lines had a bullish crossover and is hinting at a bullish price trend. Lagging span is above price of 26 days ago but is inside the cloud. MACD is strong and bullish. MACD is hinting at a bullish price trend. If price can stay above the cloud, it could be heading to the next resistance at HK$13.40 in the next 1-2 weeks.
$13.40 Price Target
$10.10 Risk Management Stop
2 weeks Trade Duration