NYSE:ZNH - Upward channel - MACD sloping up - RSI low, room for the upside - Could overcome the 50MA and reach the upper end of the channel - Buy $ 30.49 - 1st Target $ 34.00 - Stop Loss $ 28.00
China Southern Airlines is listed on the NYSE. It is not American it's Chinese. Does anybody know why a Chinese company is on the NYSE? The thing I want to point out is the candlesticks cannot decide what they want to do. There are gaps between each candlestick. China Southern Airlines is trading on 23.79 USD currently.
Despite Airlines company in US, #ChineseAirlines, #ZH is doing well and holding above RSI 50 and hit the 50SMA yesterday. Yesterday's volume is just above the average.