Sign in to continue:

Saturday, October 18th, 2025
Hong Kong stocksMarket Updates

Kunlun Energy Co Ltd (135 HK): A long position at 7.90 with a target of 8.52

Posted on September 26, 2024 at 9:32 am (GMT+8)

507
Views
Share on Facebook
Share on Twitter

Kunlun Energy Co Ltd (135 HK)

  • Current Price Movement: Shares of Kunlun Energy closed at a two-month high, successfully breaking above the 50-day EMA. Additionally, the 5-day EMA has crossed above the 50-day EMA, which is a bullish crossover signal.
  • Indicators:
    • RSI: Constructive, showing a supportive momentum but not yet overbought, implying room for further price appreciation.
    • MACD: Positive, further supporting the continuation of an upward move.
  • Trading Strategy: A long position at 7.90 with a target of 8.52 and a stop at 7.59 is a prudent approach based on current technical.

    Thank you

Related Posts

Market UpdatesSingapore SGX stocks

Top Performing ETFs for 2025: Best Picks Amid Fed Rate Cuts, Tech, REITs, Gold & Copper 1
minichart
October 10, 2025

Broker Name: DBS Bank Date of Report: 7 October 2025 Excerpt from DBS Bank report. Report Summary The US Federal Reserve has resumed its rate-cutting cycle, with DBS expecting a non-recessionary environment supported by...

Market Updates

Bullish Continuation for China Pacific Insurance Group (2601): Hong Kong Trendspotter Retail Research June 2025
minichart
June 5, 2025

Broker: CGS International Date of Report: June 5, 2025 China Pacific Insurance and NIO: Key Investment Insights and Technical Analysis for June 2025 China Pacific Insurance and NIO: Key Investment Insights and Technical Analysis...

Market UpdatesSingapore SGX stocks

Seatrium Ltd: Bullish Momentum Offers Investors Strong Short-Term Gains
minichart
September 11, 2024

Investment Recommendation: BUY Investment Thesis: Seatrium Ltd is currently presenting a promising investment opportunity due to a bullish trend in the short term. Based on technical analysis, the share price has shown strong momentum...