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kchoksey4707

China A50 Index - STRONG BUY

Long
BLACKROCK ASSET MGMT NORTH ASIA LTD ISHARES FTSE CHINA A50 ETF HKD (HKEX:2823)  
kchoksey4707  
HKEX:2823   BLACKROCK ASSET MGMT NORTH ASIA LTD ISHARES FTSE CHINA A50 ETF HKD
Trend Analysis Chart Patterns Technical Indicators china a-shares ETF Equity
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trendanalysis chartpattern indicator china a-shares etf equity
Hi Guys,

2823.hk which is the A shares ETF of China listed in Hong Kong is currently at a major support which it has been holding since 2016.
Also, it tested its 0.8 fib, broke previous high and now retraced back to 0.8 of the smaller wave. Classic PA.
I am bullish on China A Shares and believe that price target should be north of $18.
Buy at 14.84.

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