Above is the daily chart of China Construction Bank (0939.HK). Price closed at 6.98 yesterday, which was above the one-year high. We could see that there were 3 pin bars with long upper shadow before the breakout yesterday. These pin bars were also good indicators on breakout.
MACD is still at low-level, which shows there is not much obstacle on the breakout. The next resistant would be at around 7.46.
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