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dchua1969
Jan 21, 2021 11:33 PM

A long term play  Long

CHINA TELECOM CORPORATIONHKEX

Description

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.

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nice, moving to where I am keen to acquire this shares

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added more last night, up 3% yesterday !

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Praise the Lord

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added more last night around 2.33

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strong resistance at 2.80 level

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consolidating at 2.50 to 2.80 , this might last a while before we see a breakout

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Praise Lord , going well thus far
Comments
oilyprata
HalleluYah, He is faithful. Thanks for sharing on this also. =)
oilyprata
This seems to have broken out of the trendline!
oilyprata
With the mini lockdowns in China, I think this could increase telco usage. Do you have any thoughts on supermarkets in China? Assuming alot of lockdown happens again. Thanks for sharing
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