Smith_by_VPPBSS

HKEX:710, Potential profit 37%

Largo
Smith_by_VPPBSS Actualizado   
HKEX:710   BOE VARITRONIX LTD
710 has formed a strong bottom at 1.96. Today, it breaks the recent fractal with high volume. We believe that it would very likely be a real breakthrough.
Both MACD line are above 0 and they are continue to diverge.
ADX is DI+ > DI- and the ADX line is going to become a trend signal.
The first target would be the previous top 3.49, which tested for two times so we use this as our first target. If the candle stick pattern show that the stock is strong when it reach around 3.49, we will change our target. Let's see how it would be when it reach the first target.

Cut loss @2.1
Target @3.49
Buy in @current price
Operación cerrada: precio stop alcanzado:
cut loss at 6 Aug

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