This is the daily chart for Cathy Pacific Airways (0293.HK). Resistance area would be at 16.37 - 16.93. We can see that the price tested this area twice but was not able to break. The two recent trials could not even enter this area and were rejected at 16.37. But we can see that the price is still following the uptrend. As long as it does not break this trend, we could expect a breakout of the area. Once the breakout confirms, we could expect the price to rise to around 20.44.
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