SHK PPT Stock Code 0016.HKE
Outlook
Price managed to stay inside the cloud, keeping the uptrend intact. Conversion line is moving higher and a bullish conversion and base lines crossover could be likely. There is a bullish MACD crossover that hints at potential upside ahead. These could increase chances of the stock price moving higher to HK$115.90 in the next 1-2 weeks.
Strategy
$108.10 Buy
$115.90 Price Target
$105.30 Risk Management Stop
2 weeks Trade Duration
CKI HOLDINGS Stock Code 1038.HKE
Outlook
Price managed to stay inside the cloud, keeping the uptrend intact. It appears to rebound from the cloud support. A bullish conversion and base lines crossover could be likely. There is potential divergence warning given from the MACD that hints at bullish price trend ahead. These could increase chances of the stock price moving higher to HK$45 in the next 1-2 weeks..
Strategy
$42.30 Buy
$45.00 Price Target
$41.40 Risk Management Stop
2 weeks Trade Duration
Procter & Gamble Stock Code PG.NYS
Outlook
Price broke and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both lines above the zero line. We think price is likely to move higher to the previous price high at $153.62 in the next 2-3 weeks.
Strategy
$146.00 Buy
$153.60 Price Target
$142.60 Risk Management Stop
3 weeks Trade Duration
Adobe System Inc. Stock Code ADBE.NAS
Outlook
Price broke and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD has a bullish crossover and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous high at $402.27.
Strategy
$374.90 Buy
$402.20 Price Target
$360.60 Risk Management Stop
3 weeks Trade Duration
ParkwayLife Reit Stock Code C2PU.SGX
Outlook
Price closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion and Base lines had a bearish crossover and is hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is inside the cloud. MACD turning bearish, with both lines moving below the zero line, hinting at a bearish price trend. We think price is likely to move lower to the previous price support at $3.66 in the next 2-3 weeks.
Strategy
$3.86 Sell
$3.66 Price Target
$4.01 Risk Management Stop
3 weeks Trade Duration
