dchua1969

SMIC buying opportunity

Long
dchua1969 Updated   
HKEX:981   SEMICONDUCTOR MANUFACTURING INTL CO
From the day chart, we can see that selling pressure has eased and buyers have returned to push the price up higher. You can either enter a small position here and wait for it to break out of the next resistance level at 26.52 convincingly before adding more.
Comment:
Praise the Lord
Comment:
awaiting for it to pull back to 26.52 before buying
Comment:
healthy pullback, await for price to break out of 2nd resistance at 30.80 before going long/accumulate
Comment:
added more
Comment:
added some last night
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