HRnetgroup Ltd (SGX: CHZ) technical shows that the upside is set to continue to rally once more:
*Timeline of the trade is 6 weeks from the date issued.
CHART LEGENDS
Moving average
Red dotted line = 200 periods Moving Average
Blue dotted line = 50 periods Moving Average
Green dotted line = 20 Periods Moving Average
Wei Ren specialises in Technical Analysis and has 11 years of experience in studying classic technical price action. He also study and research extensively on Elliott wave theory, Dow Theory. He believes that history plays an important role in how the market is reflected in the future.