China Merchants Bank (HKEX: 3968) is looking to break the curse of ranging after consolidating for 3 months:
*Expected timeline of the trade is 8 weeks from the date of report issuance.
Red dotted line = 200 period Moving Average
Blue dotted line = 50 period Moving Average
Green dotted line = 22 period Moving Average
Join our telegram channel on technical analysis for trends, entry and exit prices over Stocks, ETFs, and Indices!Featuring regular TA posts and requests to analyse specific stocks