Have hit a high at 1.05 today before some profit taking which is normal…… more upside from here ?
Raise stop loss… make money no matter what happens…. And still continue to ride if it allows…. J
China Aviation has cleared above the 0.93 temp resistance today on more than 3 times above average volume. More upside possible from here with 0.93 – 0.94 as the support now… Likely to head to 1.00 psychological level where we may see some profit taking before some consolidation again. Stop loss at 0.925 for any long positions. Have been trading above the 20 day MA line consistently over the past 2 months with uptrend intact and channel support line holding as well.