Today I am going to post an analysis on a small stock: Sunny Optical 2382.HK. I found that it has the potential to surge for more than 10% in a short period. It has been moving in the range of 1.45-1.8 for a few months. Clearly corporate investors are having preparations for the next rise. Technically there is a wedge (in red) and if the price breaks it, it would be moving greatly.
Also, we could see that there was a bullish rejection candle in mid August with a high volume, this might show that actually the corporate investors were buying this stock and probably waiting for a possible big gain.
I will put it in JPHK tomorrow. Due to the time difference between UK and HK, I would update anything about it before 4pm in HK, which is 9am in UK.
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