$CSPC PHAR_老虎社区_美港股上老虎

$CSPC PHARMA(01093.HK)$

Hey guys! Anyone eyeing on ? Prices abiding by a descending trendline and are on bearish momentum. We see the potential for dip from our sell entry at 9.5 which is a graphical overlap and in line with 61.8% Fibonacci retracement. Probably going to short to our Take Profit at 8.79 in line with 38.2% Fibonacci retracement. I'll have my stop loss potentially at 9.79 in line with 100% Fibonacci projection. Prices are trading below the ichimoku clouds, further supporting our bearish bias.

Entry: 9.5

Take Profit: 8.79

Stop Loss: 9.79

What do yáll think?

$CSPC 5xLongSG220315(DOFW.SG)$

$CSPC 5xShortSG220315(DDCW.SG)$

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