CFD Trading – Buy Haitong Sec (6837.HKE) at $5.39. Stop at $5.00 and Target at $5.90.

HAITONG SEC   Stock Code 6837.HKE

Outlook

The uptrend is strong and bullish as price is trading far above the cloud. Conversion and base lines have a bullish crossover and are rising, suggesting a 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 strengthening, hinting at increased upward momentum. These could increase the chances of the stock price moving higher in the next 1-2 weeks.

Strategy

$5.39                 Buy

$5.90                 Price Target

$5.00                 Risk Management Stop

2 weeks             Trade Duration

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