CFD Trading – Buy Nexteer (1316.HKE) at $4.85. Stop at $4.18 and Target at $6.40.

NEXTEER   Stock Code 1316.HKE


Price rebounded after reaching a price low at HK$4.21, three trading sessions ago. A morning star candlestick price pattern was formed, hinting at a possible price reversal. RSI has given a potential divergence warning and it is rising towards its neutral level. We are likely to see price rebounding and move higher in the next 1-2 weeks.


$4.85                 Buy

$6.40                 Price Target

$4.18                 Risk Management Stop

2 weeks             Trade Duration

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