SINOPEC SEG Stock Code 2386.HKE
Outlook
The chart outlook remains bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover, 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 with both of its lines far above the zero line. These could increase chances of the stock price rebounding to move higher in the next 1-2 weeks.
Strategy
$3.90 Buy
$4.25 Price Target
$3.75 Risk Management Stop
2 weeks Trade Duration
