HKEX:291 New High is coming soon.

Mar 20, 2019

291 has formed a head and shoulder pattern. The right shoulder is also a double bottom pattern.
MACD divergence occurred at two previous point on 1st Mar and 14th Mar.
MACD showed a buying signal on 18th Mar, which broke two recent tops and also the resistance of the head and shoulder pattern.

Cut loss @30.7
Target 1st target @35.65, 2nd target @40 to new high
Buy in @32.9

Mar 28, 2019

Trade closed: stop reached

Cut Loss @30.7 Loss 6.7%