China Aviation – [ Taking Off Amidst Turbulent Market!]
Chart Source: Poemsview 22nd Feb 2018
China Aviation defied gravity and took off to close up at the day’s high of 1.62.
Its above our horizontal resistance of 1.61 and staying above that might see it move towards 1.64( the 200ma resistance) and then 1.69.
Its results will be out on 28th Feb after market hours. Support is at 1.49
China Aviation has a tendency of running before its results, will history repeat itself?? We shall see.
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