CHINA STATE CON Stock Code 3311.HKE
Outlook
Price broke and closed above its recent price high resistance yesterday, forming an Ichimoku reversal pattern. There is a bullish conversion and base lines crossover that hints at potential upside ahead. MACD has given a divergence warning that hints at possible price low. We are likely to see price breaking above its cloud resistance to move higher in the next 1-2 weeks.
Strategy
$8.29 Buy
$9.30 Price Target
$7.90 Risk Management Stop
2 weeks Trade Duration
