China Minzhong has broken above the high formed last week at 1.22. Today’s high at 1.23 currently. Momentum looks strong still on recent news of Alliance with Indofood.. Next immediate target at 1.30. A break above 1.30 can pave the way to 1.35 to 1.40 in the short term. Worth a short term trade. Support would be 1.22 then 1.20.
Stop loss at 1.17.
No comments:
Post a Comment