Weekly chart of CSCL:
The price is still within the triangle. We are waiting for the breakout/breakdown signal. The simple moving averages are converging together, and it seems that a large volatility would tightly follow. Prepare for long/short and be fast.
Daily chart of China Resources:
The price breaks the cyan uptrend line. However, we still have to wait about 2 days to confirm a breakout, it might be a false one anyway. If breakout confirms, next resistance level is at around 35.
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