NikkiYu

China Shenhua - Gapup Long Recovery towards 27

Long
HKEX:1088   CHINA SHENHUA ENERGY COMPANY LTD
A stock that's moved 90% up from lows which is a 1.414 Fibonacci retracement on the monthly and a nice gapup on the weekly shows me this is a bullish recovery reversal. Although understandable that 19.46 will act as temporary resistance, the more this stays above 18, I will see a persistence for this to go as high as 23-27 in the next year or so :)

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