TINGYI(CAYMAN ISLANDS)HLDG CORP
Long
Updated

322 break a resistance with head and shoulders pattern

71
322 break the resistance at 10.8 with volume supported. This is also a head and shoulder pattern. The target would be 12.46, which is near the start of the last gap down. Cut lost if it turn down under 10.8.
Trade active
Continue to the target. Stop profit @11.14
Note
Going to cut lost if it breaks @10.8 again.
Trade active
Now, see if can stand above 11.2
Trade closed: stop reached
Stop profit @11.14, Profit 0%

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