CHUNGHWA PRECISION TEST TECH CO LTD 
6510 has broken out of the larger symmetrical triangle which spans from 1 Aug 25 and latest break above the pennant coupling with a break above 922 resistance has confirmed the bullish trend continuation. We believe further upside is likely to continue as long-term MACD’s histogram has turned positive and its signal/MACD line remained elevated above the zero line. Stochastic has confirmed the oversold crossover. Volume is also in a healthy position. Ichimoku shows a clear bullish signal. Short-term target is at 1,130 while long-term target is at 1,350. Support to accumulate on pullback is at 773.
6510 has broken out of the larger symmetrical triangle which spans from 1 Aug 25 and latest break above the pennant coupling with a break above 922 resistance has confirmed the bullish trend continuation. We believe further upside is likely to continue as long-term MACD’s histogram has turned positive and its signal/MACD line remained elevated above the zero line. Stochastic has confirmed the oversold crossover. Volume is also in a healthy position. Ichimoku shows a clear bullish signal. Short-term target is at 1,130 while long-term target is at 1,350. Support to accumulate on pullback is at 773. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.