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Shanghai Class B Index

INDEX:TAY0
 
     
 
    
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TAY0 Index Chart

 

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carlosmello carlosmello TAY0, D, Long ,
TAY0: Buy TAY0 at 339,68, with a Stop Loss at 329,95 and Profit Target
7 0 0
TAY0, D Long
Buy TAY0 at 339,68, with a Stop Loss at 329,95 and Profit Target

Although in a descending triangle, TAY0 has tested a support level at 339,43 and reversed with a reverse candle. So we see a good Reward to Risk to try and capture the upside untl price reaches the descending triangle line.

AynCzubas AynCzubas TAY0, M,
TAY0: Shanghai Class B Index Triangle Thrust Still Has Some Room to Go
42 0 0
TAY0, M
Shanghai Class B Index Triangle Thrust Still Has Some Room to Go

Shanghai Class B Shares have thrusted out of a triangle which ended in June 2014. The index still has just a bit further to rise before reaching the minimum expected upward thrust level, which nearly coincides with the upper trendline drawn through the peaks of 2001 and 2007. Targeting at least 567-586 before the correction ensues. This action is of probable ...

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