Dear Traders, Welcome to my updated analysis of this great asset. The price is going to meet the measured target of my previous post very soon and will potentially give us approximately 40% gains. More gains might be coming! Now, this asset is testing the previous all-time high, 30.22 CNY. And the MACD just crossed bullish and put the first green bin on its...
Hello traders, I rushed a bit and didn't express the idea precisely. Here is the updated chart. The three rising valleys has been completed before so the falling wedge is the only pattern to pay attention to. The following facts still hold: 1. Triple bullish divergence . 2. Forming a falling wedge as a continuous pattern of a bullish trend . 3. This chart is...
Good morning/afternoon/evening traders, FUYAO Glass has flipped the long-term resistance into a solid support level. This one could give us an EXTREMELY lucrative trading opportunity based on the following facts: 1. Triple bullish divergence. 2. Forming a falling wedge as a continuous pattern of a bullish trend. 3. Three rising valleys that might give ~76%...
HKEX:3606 has formed a head and shoulder patter. Recent RSI is high. Expect a correction for testing the neck line again. Buy in @24.4 Cut loss @23.1 First Target @27.25. If this target reached within 10 days. Change target to @29.3