CFD Trading – Buy CRRC (1766.HKE) at $4.41. Stop at $4.25 and Target at $4.95.

CRRC   Stock Code 1766.HKE


This stock is strong and bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover. Lagging span confirms the bullish price trend. Price gapped up and broke out from a triangle pattern yesterday. MACD is bullish and is turning up, hinting at the increased upward momentum. We are likely to see price continuing to move higher towards the target price of HK$4.95.


$4.41                 Buy

$4.95                 Price Target

$4.25                 Risk Management Stop

2 weeks             Trade Duration

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