HKEX:710, Potential profit 37%

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 times so we use this as our first target. If the candle stick pattern show that the stock is strong when it reach around 3.49, we will change our target. Let's see how it would be when it reach the first target.

Cut loss @2.1
Target @3.49
Buy in current price

Trade closed: stop reached

cut loss at 6 Aug

Smith_by_VPPBSS

更多即時策略討論群
t.me/joinchat/O4ye4U_cgKA75hrHeLT8iw

$mith 一成回報頻道
t.me/joinchat/AAAAAFeoJzbKZ3NDHElm8A

$mith 美股頻道
t.me/joinchat/AAAAAEYqHP13tSHSE0faBg

$mith (壹百萬) 中長線倉
t.me/joinchat/AAAAAFCxYEf-mptr8ud5_w

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Smith_by_VPPBSS

Also on: