ENTRY: 8.94
SL: 7.50
TP: 11.68
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- MAs are aligned.
- Breakout of range on 18 Jun 2021 with good volume.
- Moved to high of 11.68 on 21 Jul 2021 with increasing volume, and retraced on slightly lower volume to 50% Fib. level before signs of...
HKEX:710 has formed a strong bottom at 1.96. Today, it breaks the recent fractal with high volume. We believe that it would very likely be a real breakthrough.
Both MACD line are above 0 and they are continue to diverge.
ADX is DI+ > DI- and the ADX line is going to become a trend signal.
The first target would be the previous top 3.49, which tested for two...
