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SHCOMP: The 0.618RET

The SHCOMP dove rapidly because of the tense trade dispute. But I still hold a positive attitude toward the war.
Where will the market stop dropping?
From the chart, we can see the 0.618RET of previous rally is at 2764 level.
Meanwhile, a very good demand zone locates at 2737-2759 zone.
So it is the final target and it is good to buy at this zone as well.
ENTRY: 2737-2764
SL: 2682
TP1: 3200
TP2: 3600 and further
Where will the market stop dropping?
From the chart, we can see the 0.618RET of previous rally is at 2764 level.
Meanwhile, a very good demand zone locates at 2737-2759 zone.
So it is the final target and it is good to buy at this zone as well.
ENTRY: 2737-2764
SL: 2682
TP1: 3200
TP2: 3600 and further
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.