939 is expected to move towards first technical target of HK$8.50 after consolidating in a Descending Triangle like pattern for 3 months.The supporting technical includes decreasing volume as price makes bearish downward movement. Both technical indicator MACD and Stochastic are seeing possible signs of bullish reversals.
Trade closed: target reached
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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.