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Kelvin_NamCheong

Hutchison Telecom Hong Kong maintain a BUY

Long
HUTCHISON TELECOMMUNICATIONS HK HOL (HKEX:215)  
Kelvin_NamCheong Updated   
HKEX:215   HUTCHISON TELECOMMUNICATIONS HK HOL
Trend Analysis Technical Indicators hutchison telecom BIG bath
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trendanalysis indicator hutchison telecom big bath
Hutchison Telecom Hong Kong(215.HK) announced its 1H result, recorded a loss of 96 million HKD. It is already an Non-Event. Look forward, it benefit from the development of NFT. From last month it develop a rectangle pattern but did not drop below 1.45 HKD. It develop strong support at 1.47 - 1.50. Remain Buy.
Comment:
Hutchison Telecom Hong Kong plummeted more than 10% yesterday. Its RSI is at 40. If it further weakened to below 30, it is a buying opportunity.
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