Strategy
$4.05 Buy
$3.83 Price Target
$4.30 Risk Management Stop
2 weeks Trade Duration
Author: Shueh Ting Wong
CFD Trading – Buy China Traditional Chinese Medicine Hldgs (570.HKE) at $4.05. Stop at $3.70 and Target at $4.42.
China Traditional Chinese Medicine Hldgs Stock Code 0570.HKE
Outlook
Yesterday, price broke above a recent high resistance at HK$3.98 after being supported by the Base line during a short correction process.… Read More
CFD Trading – Buy China National Building Material Co (3323.HKE) at $10.10. Stop at $9.60 and Target at $11.30.
China National Building Material Co Stock Code 3323.HKE
Outlook
Price is currently supported by both the Conversion and Base lines which are acting as support just below the cloud.… Read More
CFD Indices – Banking Stocks And Exxon Mobil Dragged US Indices Lower.
Market News
- Last Friday, Wall Street’s main indexes finished lower, weighed down by big U.S. banks such as Wells Fargo, JPMorgan and Citigroup after their earnings reports, while the energy sector fell sharply due to a regulatory probe into Exxon Mobil.