curious_venture

China Vanke: Key price to monitor ($25)

HKEX:2202   CHINA VANKE CO. LTD
2202
China Vanke has been in a downtrend since January 2018, peaked at $42.40 on 16 January 2018.
Recent gapped up 13 September 2018, with current support at $25.00.
Looking at the triangle, the point coincides with the support at $25.00 which then becomes our decision point for Long or Short.
Assuming it is moving up, using Fibonacci 23.6% gets us to $27.00 which also coincides with our recent resistance level.

Monitor the key level and then decide.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.