Maybe Chinese stocks are coming into rotation, but looking through charts, I came up with another Chinese trade looking good.
CSUN 30 min 3C accumulation as it breaks out of a bullish descending Wedge
I'd give it a little room on the stop as wedge breakouts have been volatile lately, maybe around $4.15 or so.
Here's the wedge breakout. A strong close and rising volume would be very bullish, otherwise we may see a pullback, thus the wider stop.



No comments:
Post a Comment
Thanks for your input
Note: Only a member of this blog may post a comment.