Despite the stock halving in value in 12 months ,we see a great opportunity to get into this name, just like the other Chinese stocks it has shown enormous strength this week as the major USA stocks got slaughtered. Option traders are also seeing upside potential and betting big on a bullish outcome from the upcoming trade talks.
Entry level above pivot point $105
Target price short term $120
Stop loss below pivot $101
Entry level above pivot point $105
Target price short term $120
Stop loss below pivot $101