TRADER-WANNA-BE

1083.HKEX_Retracement Trade_Long

Long
HKEX:1083   TOWNGAS SMART ENERGY COMPANY LTD
ENTRY: 6.33
SL: 5.80
TP: 7.29

- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Hit a high on 4 Jan 2022 and on retracement since then.
- Retraced until near 50% fib level on 18 Jan 2022 and uptrend line with above average volume and doji candle.
- Rebounded today with high volume.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.