HONGKONGLAND USD Stock Code H78.SGX
Outlook
Price broke and closed above the cloud, turning the chart outlook to bullish. It broke out from a triangle consolidation pattern as well, hinting at more upside ahead. Both conversion and base lines are turning up. The MACD remains bullish and is moving higher. We are likely to see price continuing its upward momentum to move higher.
Strategy
US$4.54 Buy
US$4.90 Price Target
US$4.38 Risk Management Stop
2 weeks Trade Duration
