XINYI GLASS Stock Code 0868.HKE
Outlook
Price broke and closed above its recent price high with a bullish candlestick, suggesting an increased upward momentum. Conversion and base lines remain in a bullish crossover and are rising and hinting at a bullish price trend. Lagging span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is strong and bullish and is rising as well. We are likely to see price continuing its strong upward momentum to move higher.
Strategy
$17.56 Buy
$20.40 Price Target
$16.15 Risk Management Stop
2 weeks Trade Duration
