CFD Trading – Buy CSPC Pharma (1093.HKE) at $8.18. Stop at $7.75 and Target at $9.08.

CSPC PHARMA   Stock Code 1093.HKE


Price rebounded after being supported by the conversion line, coinciding with the Fibonacci 50% correction point. Conversion line is rising and a bullish conversion and base lines crossover is likely in the coming session. MACD is rising and is strengthening, hinting at the increased upward momentum. These could increase chances of the stock price moving higher in the next 1-2 weeks.


$8.18                 Buy

$9.08                 Price Target

$7.75                 Risk Management Stop

2 weeks             Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.