HKEX:596 Potential profit 24%

596 the latest trade day it gap up and opens at 3.88, which is a resistance of previous top. It also break the fractal with high volume, which is a good signal that the break is valid. This fractal is also the neck line of the double bottom. As a result, we first see the reaction of the market when it reach the target, which is the resistance area. If it can be broken, it is very likely that it will reach the previous top again!

Cut loss @3.57
Target @5
Buy in @current price 4.01

Trade closed: stop reached:

cut loss @ 26 Aug