US Stock In Play: $GTH (Genetron Holdings Ltd – ADR)
1. Highest daily sessional in 4 months coupled with attempts to close above its all time high price level,
2. Runaway Gap pattern conflicting with a candle print,
3. Substantial uptick in average price .
The highlighted signal was subsequently negated with a further momentum infusion on 12th January 2021, putting $GTH in a spotlight at all time high level with further price increment towards $1.23/day.
$GTH is currently trading at a daily average range of 5.3%, with no near term technical weakness exhibited.