Support 1: 4.80 Resistance 1: 4.19
Support 2: 5.93
China Jinmao’s bullish recovery is not quite yet complete base on the technical factors presented.
*Should the stock rise above the psychological level of 5.00, chances are the bearish flag formation is off and the stock may resume its bullish run.
Red line = 200 periods moving average
Blue line = 50 periods moving average
Green line = 22 periods moving average
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