Manlai

0386.hk long.

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Manlai Uppdaterad   
HKEX:386   CHINA PETROLEUM & CHEMICAL CORP
0386.hk swing long. on watch list since 4/sep. in long position at 7.39 when 5-3-3 stoch in good sync on daily and hourly, when in range 0.618 and 0.786 Fib pull back. Stop loss at 7.24. possible another shake out around 11-12 sep. watch con/divergence with oil future. target time 2-3 weeks holding.
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See my another comment on 857. I am still holding on this stock and if I can enter my position on another two I will sell this on next wave up/support.
Kommentera:
off loaded 0386.hk at 7.53 left with small profit. it was the 50d EMA also the wave up supporting line. with energy weaken in hkex I changed my position to short a tech (see another post) with multiple convergence.
Trade stängt: Stopp nått
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