sinotechfib ST still bullish, need to note if retracement is really over before the bull can continue. currently lost of strength due to over running. await resurgence of interest.
china ener ST bullish but again, retracement still in progress. await resurgence of interest before chasing.would like to hear your views as well rather then a 1 sided review, thanks.
Heiwa
1 comment:
Thanks Heiwa
Agree with your review Heiwa hehe !
I would say China Energy's chart at this moment is a nicer looking chart - but both look like they are trying to form a continuation pattern for the ST uptrend - remains to be seen of course .
One can try a trade upon break of the current downtrendline made by the retracement. China Energy targets are 1.06-1.08 should it be able to resume the uptrend.
Sinotech could see 0.7 level if it successfully resumes the current ST uptrend ?
ttfn, PEarl
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