601811 trade ideas
Double bottom formed over 5 months to break the resistanceHKEX:811 This stock has broken the resistance at 5.35 with high volume on Jan 23, there were many attempts over the past 10 months, Then it retested the support in the following days with lower volume. Upcoming, to expect that it will break the next level of resistance by increasing the volume, 5.95 Target at 6.55 & cut loss at 5.35.
Double Bottom to break the resistance over 5 monthsA great resistance at 5.35, this resistance existed over 7 months, form a double bottom in the last 3 months, broke the resistance Jan 23. Try the support in the next few days. To expect that the next volume up will break next level of resistance, 5.95, target 6.55. Cut loss at 5.35. HKEX:811
Double Bottom to break the resistance over 5 monthsA great resistance at 5.35, this resistance existed over 7 months, form a double bottom in the last 3 months, broke the resistance Jan 23. Try the support in the next few days. To expect that the next volume up will break next level of resistance, 5.95, target 6.55. Cut loss at 5.35. HKEX:811