Anta Sports recently continued to rise after an impulsive downward spike narrowly missed the magenta Target Zone between HK$58.95 and HK$33.60. Thus, it is quite possible that this downward spike has already completed the low of the green wave (2) and that the stock is now marching higher. However, we are not convinced that this is the case, so we believe that the...
Go Long if break the pink resistance line and the green line (20MA). Technical indicators are bullish.
Correction for ANTA Sports on Hong Kong Shares 1. A M shape appeared below MA lines on RSI+Avgs indicator. 2. ANTA was moving in the bull range (RSI 40-80) for some time, it's possible that it will remain the trend. 3. A correction from 45HKD to 37HKD is possible. 4. A correction time cycle appears on the chart at around 13, July.