KeithChan

NongFu is coming back up

Long
KeithChan Updated   
HKEX:9633   NONGFU SPRING CO LTD
NongFu Spring is retracing back to the 0.618 level and expected to bounce back up.

Expected Entry Point: $41.25
SL: $ 38.00 (8% loss) about the previous consolidation period roof
TP 1: $ 47.95 ( 16.24% gain - RRR: 1:2)
TP 2: $ 54.15 ( 31.27% gain - RRR: 1:4)


Comment:
TP1 reached! took a portion of profit and TP 2 is very liking to be reached
Comment:
very closed to the TP 2
Comment:
TP2 reached!! The richest man in the asia
Trade closed: target reached
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.