dchua1969

A long term play

Long
dchua1969 Updated   
HKEX:728   CHINA TELECOM CORPORATION
Read this recent article here

The lowest price is 1.80 which I did not get for some reasons so I am hoping it would fall now to the next support level at 2.14 where I would deploy 25% of my capital to buy. If it falls to 2.00 , I would then deploy 50% more to go long.

It is highly unlikely that it would fall below 2 but there remains a possibility.....

I am bullish on this stock in the long run.

Comment:
nice, moving to where I am keen to acquire this shares
Comment:
added more last night, up 3% yesterday !
Comment:
Praise the Lord
Comment:
added more last night around 2.33
Comment:
strong resistance at 2.80 level
Comment:
consolidating at 2.50 to 2.80 , this might last a while before we see a breakout
Comment:
Praise Lord , going well thus far
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