Hey all ! Check out $AAC TECH(02018)$~ I can see that it is abiding to the descending trendline resistance, signifying overall bearish momentum. I am expecting price to push further down from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 161.8% Fibonacci projection. My bearish bias is further supported by the stochastic indicator where the %K line dropped from the resistance level. [Cool]
Potential Pivot level @ 34.95
Potential Take Profit level @ 31.2
Potential Stop Loss level @ 36.95
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