Smith_by_VPPBSS

322 break a resistance with head and shoulders pattern

Long
HKEX:322   TINGYI(CAYMAN ISLANDS)HLDG CORP
322 break the resistance at 10.8 with volume supported. This is also a head and shoulder pattern. The target would be 12.46, which is near the start of the last gap down. Cut lost if it turn down under 10.8.
Trade active:
Continue to the target. Stop profit @11.14
Comment:
Going to cut lost if it breaks @10.8 again.
Trade active:
Now, see if can stand above 11.2
Trade closed: stop reached:
Stop profit @11.14, Profit 0%

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