HKEX (HKEX: 388) symmetrical triangle/pennant has been ranging since the strong sell-off in March. Although the first target price has been met based on our report dated 21st April 2021. Further technical have indicate bullish upside: Â Â
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*Expected timeline of the trade is 12 weeks from the date of report issuance.
CHART LEGEND
Ichimoku Kinko Hyo
Red dotted line = 26 periods Kijun-Sen
Blue dotted line = 9 Periods Tenkan-Sen
Green Line B= 52 periods Senkou Span B
Pink Line A = 26 periods Senkou Span A
Black line = 26 periods Chikou Span. Lagging line
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