CFD Trading – Buy HYSAN DEV (014.HKE) at $30.70. Stop at $29.80 and Target at $33.00.

HYSAN DEV   Stock Code 0014.HKE

Price has found support at the Base line, which is also the cloud support, during the minor pullback that started since 26 May. The bullish trend remains intact as there is still a bullish Conversion and Base line crossover. The Lagging Span is above the price of 26 days ago but still inside the cloud. The MACD is also bullish and is moving higher. We could see price continuing its upward momentum to move higher HK$33.00.

$30.70                Buy
$33.00                Price Target
$29.80               Risk Management Stop
2 weeks             Trade Duration