2000.HK SIM Technology group:
The price of 2000.HK has been dropping every day these days, but it is still above the green downtrend line. We can see that currently it is heading towards the next support 1.57. This is a very strong support as it combines both the green line and the blue horizontal line. The price was able to keep above this level since August 2010, and if it breaks, we must have to stop loss.
0916.HK China Power Group Corporation Ltd.:
I have been mentioning the pennant of 0916.HK. Undoubtedly, its price has dropped out of the triangular area. Yesterday it struggled to go back into the green pennant but failed. Such crazy bearish rejection was not a good signal. If the price still could not get back into the green area, which is quite likely, we would have to cut loss.
No comments:
Post a Comment