5G Stocks – CATL, China Towers

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  • #38104

    Jonathan
    Replying to #

    Believe these stocks would benefit from rollout of 5G. However they seem to trend lower or sideways.  

    Appreciate your fundamental and technical view on both CATL and China Towers.

    Thanks

    #38178

    Research Department
    Replying to #

    We do not have any coverage on China towers but from the technical perspective of China towers, I have two potential rebound zone. one is at 1.17-1.14 and the other is at 1.08-1.07. Bearish sentiment is still on should prices break below 1.22. 

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