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HakoneDream

SMIC Potential Buy Back Opportunity?!

Long
SEMICONDUCTOR MANUFACTURING INTL CO (HKEX:981)  
HakoneDream Updated   
HKEX:981   SEMICONDUCTOR MANUFACTURING INTL CO
Chart Patterns Technical Indicators Trend Analysis
7
0
chartpattern indicator trendanalysis
Dear traders and friends,

Please see the chart. It's approaching the golden pocket and the previous all-time high. The candle closed daily shows a minor trend reversal.

Worth having a look and be prepared.

HakoneDream

Comment:
Touch the yellow box region as expected. Critical area here. If a major low doesn't form here, 17.75 is the next target.

snapshot
Comment:
Great bounce back due to the divergence on the hourly chart. Congrats on those who executed scalping for about 10% profits.
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