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Breakout Wedge Pattern of Smoore Intl. Holdings (6969)

Long
SMOORE INTL HDGS LTD (HKEX:6969)  
cletibals Updated   
HKEX:6969   SMOORE INTL HDGS LTD
Technical Indicators Chart Patterns
2
0
indicator chartpattern
Smoore International Holdings has finally broken out of the wedge patterns with both buyers and sellers getting increasingly impatient. MACD, Money Flow, and Price Action indicates bullish movement in the short-term. Will need to continue to observe if it can proceed to break it's previous all-time high.
Comment:
SEHK 6969 Smoore International has tried to make a few runs to it's all time high. However, the price action has suggested some exhaustion with no more buyers in play. I have already sold my positions with a good profit and waiting for the next opportunity.
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