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Momentum2963

Geely's historic bullrun ended by RSI failure swing?

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GEELY AUTOMOBILE HOLDINGS LIMITED (HKEX:175)  
Momentum2963  
HKEX:175   GEELY AUTOMOBILE HOLDINGS LIMITED
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
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Gelly's bullrun of 53% in 22 trading days was stopped by an engulfing pattern.

The RSI failure swing combined with the second highest MACD in Geely's history indicate a further downward movement.

CRV = 2,67 / Stop Loss above engulfing pattern / Take Profit at 0.382 FIB
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