Monday, October 30, 2017

China Aviation: Nearing next target.... Price 1.76. Watching for next phase....


Just about 3 weeks ago, we saw some nice price actions with China Aviation breaking the 1.63 level that it has been consolidating below for a month...


Finally it has awokened then....


Anyway we started to see more strength coming back with it hitting our first target last week..


But seems like our 2nd target at 1.80 is still on track....


This level is key for the upside to continue.


Would be looking for more specific price action to see the next phase up.....


For now, never wrong to take some profits near there. ;)


Yes, we did see something on the SYSTEM too, before the move began. PTI grads can check....


That would guide us when to exit too... watching...


For illustration purpose only.



See the updated chart below that shows where we are today...


2nd target almost hit....


Playing out well as per targets drawn 3 weeks back above... Who would have known....


Want to get ideas like these in your INBOX too? 





For illustration purpose only.







No comments:

Post a Comment