Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Sunday, April 2, 2017

China Banking Corporation #CHIB

CHIB Weekly Chart

  • Next resistance target is at 44
  • Higher high + lower high = bearish divergence
  • Short-term trend is bullish
CHIB Daily Chart
  • Must stay above the trendline and 50MA.
  • Subject for pullback, immediate support level is at 40.
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