Note
- This stock made good movement even its only rally during end of market close for CNY. It has reach a new 52 weeks high for this week.
- Base on Trendband chart, we spot the direction line (purple) is above green plot background. As I added two more EMAs line (100 & 200) and added comparison with Tech sector to compile my prediction toward this counter, its shows a positively the price will ongoing forward incline impulsively after few correction has been made.
- Suggest point of entry shall be in between Resistance line & new support line in next coming swing. SL will be not more than 11%.
- This stock made good movement even its only rally during end of market close for CNY. It has reach a new 52 weeks high for this week.
- Base on Trendband chart, we spot the direction line (purple) is above green plot background. As I added two more EMAs line (100 & 200) and added comparison with Tech sector to compile my prediction toward this counter, its shows a positively the price will ongoing forward incline impulsively after few correction has been made.
- Suggest point of entry shall be in between Resistance line & new support line in next coming swing. SL will be not more than 11%.