Tag: CKI Holdings

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

CKI HOLDINGS   Stock Code 1038.HKE

Outlook

This stock has rebounded after being supported by the cloud support. Price penetrated and closed above the cloud, turning the chart outlook to bullish. Lagging span is below price of 26 days ago but is above the cloud. MACD is turning up and a bullish crossover is likely. These could increase chances of the stock price continuing to move higher.

Strategy                     

$43.10                Buy

$48.50                Price Target

$41.20                Risk Management Stop

2 weeks              Trade Duration