China Aviation – [ Will Our Third Target Be Met? ]
Chart Source: Poemsview 12th Feb 2019
China Aviation had a rocket start to the week jumping from $1.19 on Monday to a high of $1.32 on Tuesday and finally closing at $1.29.
Our EXCLUSIVE CLIENTS were alerted of China Aviation early in the morning when it was at $1.20. A nice side accumulation was happening over the last two weeks which led to a nice breakout and two of our upside targets of $1.25 and $1.29 being hit.
Our Third Target stands at $1.34 which is the upper band of the trendline resistance. China Aviation rallied 10% since our alert and hitting $1.34 would be a bonus, so protecting some profits is a wise move at this point of time.
The uptrend support continues to hold China Aviation and a break of that might signal a change of trend.
In fact just in Jan when China Aviation was trading around $1.07 we also ALERTED our EXCLUSIVE CLIENTS on it.
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