Price is moving in uptrend and currently on 50% retracement with no supply set up.
Company engaged in development and sale of residential and commercial properties.
in addition, the company is engaged in leisure and entertainment activities, which include the operation of multiplex cinemas and motion simulator theater in the PRC.
Im expecting price might rebound from either 50% or 6.8% retracement level .. base on this current setup price seem to be found a bottom ..
This particular setup only been confirm if price and volume able to make a breakout on the following trading day..
(idea posted as for study purposes)
Company engaged in development and sale of residential and commercial properties.
in addition, the company is engaged in leisure and entertainment activities, which include the operation of multiplex cinemas and motion simulator theater in the PRC.
Im expecting price might rebound from either 50% or 6.8% retracement level .. base on this current setup price seem to be found a bottom ..
This particular setup only been confirm if price and volume able to make a breakout on the following trading day..
(idea posted as for study purposes)