Shanghai Composite Index Price Analysis
Updated
TVC:SHCOMP
As we already know that last Friday after long china holiday the market are resume with rise 54.02 point to 3270.076.So it has stopped the downtrend but will it turn to uptrend ?
My opinion if need turn to uptrend then it must break its 1st resistant 3338, second must close above 3358. Then i believe it start the uptrend.If the 2 price i mention cannot break, it's still in downtrend.
Thanks.
As we already know that last Friday after long china holiday the market are resume with rise 54.02 point to 3270.076.So it has stopped the downtrend but will it turn to uptrend ?
My opinion if need turn to uptrend then it must break its 1st resistant 3338, second must close above 3358. Then i believe it start the uptrend.If the 2 price i mention cannot break, it's still in downtrend.
Thanks.
Note
Today is 1st day the up trend of market course it break our 2 number , especially 3358 cause today the close price is 3358 , no more and no less it stop at the price we predict 2 day ago. Of course is only our luck. Just keep our ticket and let the profit run itself.
Note
Today hear 1 of the stock expert analysis the market say if composite no rise or just flat then then shanghai composite no confirm the trend.I strongly no agree with what his say, in my opinion the trend is about to rise.
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