hkbenmoney

Long in a bearish market

hkbenmoney 已更新   
HKEX:700   TENCENT HOLDINGS LIMITED
as we can see a long resistance (which is 2/1 line of gann fan) from 17 Feb, it has been hit twice and came to a big free fall to appro. $325.

It comes back to closer to resistance and start a small flag formation which is believed to be bullish as the volume as of today has been dropping as a new low since the commencement of such formation. We could add long if it breaks to $380, targeting $405.

However, remember to set tight stop loss, say $368.6, as it reminds in a bearish market.

In the long run, i am looking forward to see a new low below $325.
评论:
be cautious to trading volume today
交易结束:到达目标:
time to sell
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