China Aviation – [ Catching Near Bottom, Up 8% Since Entry, Should We Be Cautious Now? ]
Chart Source: Poemsview 15th Jan 2019
China Aviation catching it near the bottom support of $1.04 gave a very nice upside over 8% to our third target of $1.16.
We’re glad our EXCLUSIVE CLIENTS were informed of this trade analysis for them to plan, prepare and proceed.
Currently China Aviation is at the 50ma resistance of about $1.17.
A convincing break above that might see $1.20 in the coming days.
In such a market it is also good to take things step by step ensuring you protect your profits as market can turn any time.
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Kelwin&Roy