KUNLUN ENERGY Stock Code 0135.HKE
Outlook
Price rebounded from the base line which is acting as support at the moment. Conversion and base lines remain in a bullish crossover. Lagging span confirms the bullish price trend. MACD is bullish and is rising, hinting at increased upward momentum. A bullish MACD crossover is likely. We are likely to see price moving higher to the Ichimoku V shaped target price at HK$7.15.
Strategy
$6.60 Buy
$7.15 Price Target
$6.25 Risk Management Stop
2 weeks Trade Duration
