JoE

ZTE falling wedge

Long
SZSE:000063   ZTE CORP
ZTE Corp the sleeping giant in telecom industry finally waking up.

Falling wedge pattern shown on chart project a target of around 60, 50% return opportunity.

The bullishness is also double confirmed by MACD golden cross on daily.

Buying on breakout provides a risk reward ratio of 1:8

#NOT FINANCIAL ADVICE#

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