Missed take profit by a penny, therefore moved stop right above previous consolidation and put take profit few pennies lower. Monthly shows a good bearish hammer. Don't see no reason not to go lower. Would've exit 30% here, but my lot is not divisible.
AIA 1299 cannot break 92 , if break means can go more higher, but it looks weak and it might potentially can drop to 85
Prices are approaching support in line with our ascending trend line where we could see a bounce here.
Prices are facing bullish pressure from our support and could see a further upside above this level.
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I seldom made any recommendation about companies in Hong Kong, but I just accidentally observe a great setup with HKEX:1299 which I think could be a great long target in short term. I dont think we need any introduction of AIA, one of the largestest insurnace giant in the world. Its stock price has trading within the same 20% range for almost a year. Since...
Support levels and resistance levels labelled. No position yet.
Short to 79.50. Prediction based on 229MA intersection and double top on the daily. This is not deemed to be advice, this is my personal view and for the purpose of training.