#2600: expects a technical reboundHi Everybody
Expects a technical rebound on #2600, aims for the BLUE LINES, and stops if closes below the RED line.
AOC trade ideas
Aluminum Corporation of China - aluminum will be in demand? One of the largest producers of aluminum. The company's shares are trading near their multi-year lows. Rising commodity prices, the growth of the Chinese economy as a whole, and the switch to electric cars could be good drivers for the company in the long term.
The position can be gained from current prices. It is also possible to wait for the breach of the trend line, who likes more dynamic trading.
2600 Chalco HKSE An Elliott wave and head and shoulder buy Analysis based on Elliott wave, trend analysis, , support & resistance, and head & shoulders.
Buy from 2,15-2,5. TP @5,5-6
