2269.HK has experienced a long decline for more than 1 year due to local and oversea government policies, although its P&L has growth a lot. 2269.HK is going to complete a head and shoulder pattern within the last 70 days, and highly likely to fly in the near term. The first target will be 77.8 and second target will be 90.05.
On the other hand, China government is likely to support health and medical industry just to ensure the GDP growth can be met ( 5-6% target this year).
👍 @Nico.Muselle, TradingView Mod Team