TG SMART ENERGY Stock Code 1083.HKE
Outlook
Price could have created a price high at HK$4.44. Its recent rebound had failed as price was capped at the Fibonacci 62% correction point. There is potential divergence warning given from the MACD indicator, waring of a possible price high. A further violation of HK$4.03 will hint at further downside in the next 1-2 weeks.
Strategy
$4.13 Sell
$3.80 Price Target
$4.32 Risk Management Stop
2 weeks Trade Duration
