GREATWALL MOTOR Stock Code 2333.HKE
Price has been moving higher after forming a temporary bottom at HK$6.90. The recent minor price correction was halted at the conversion line which is currently acting as support. MACD is rising towards the zero line after having a bullish crossover. We are likely to see price penetrating the base line resistance to move higher to HK$9.80 in the next 1-2 weeks.
$9.80 Price Target
$8.10 Risk Management Stop
2 weeks Trade Duration