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Bottom is in; consolidation complete for the Chinese Equities.
Hang Seng China A (Investable) Index
Long
Bottom is in; consolidation complete for the Chinese Equities.
By xTako
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yesterday
0
yesterday
Chinese Equities have been consolidating for 2 months now.
Yesterday it reached the bottom of the current trading range.
Expect it to go at least to the top of the range (+20%).
Of course looking for the expansion above the top of that trading range too.
Supply and Demand
Support and Resistance
xTako
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