dchua1969

Awaiting close above 69.40 for AAC Tech

Long
HKEX:2018   AAC TECH
See chart for explanation
Comment: Praise Lord, we are at the resistance level now , let's wait and see if it breaks above
Comment: Ah, another false breakout, another reminder not to buy at breakout and risk unnecessarily your capital. Be patient.
Comment: watch closely.... going to break out soon
Comment: Not good, it breaks down from the bullish trend line and if it breaks down further , it will revisit the support at 39.95. Watch first, not buying
Comment: We are getting closer to the end of the bearish trend line and the price seems well supported at 39.95 level. Watch for the breakout

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