You have to be patient with this counter. There have been a lot of positive development going on with this counter, though the fruit will be realized later. China new urbanization program is just beginning. Once it has gained strength, expect this counter to shoot up to the star.
Monthly chart is showing a clear triangle consolidation. It is at the end of the consolidation. It could take a few months to a year ++ for the break out to happen. The measured move is around 0.25.
In the daily chart, there is a gap below. I expect the gap to be filled first.
Monthly chart is showing a clear triangle consolidation. It is at the end of the consolidation. It could take a few months to a year ++ for the break out to happen. The measured move is around 0.25.
In the daily chart, there is a gap below. I expect the gap to be filled first.
