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bencameron21
Apr 27, 2021 8:48 AM

$2660 Zengame Tech (HKSE) Long

ZENGAME TECHNOLOGY HLDG LTDHKEX

Description

On 26/4 price broke through symmetrical triangle in upward trend (continuation). Volume on break was 2.4x of 10 day MA and closing price was 6% away from trend line. Waited one day as break was right near apex and price tested the 10 day EMA, which held as support and signal to enter. Bought @ 1.19 (next support level and below the cradle). Will look to add on if price breaks 1.44. TP 1 = 1.89 (52 week high) TP 2 = 2.08 (triangle distance)
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