Ping An - My fav counter on China Market is moving

Asphen
05-18

PA is coming up to strong resistance range from 47 to 60. 

So would be interesting to see how it navigates it.

If can get over 60...another easy path up to 75. 

Looks good. 

Ping An - resistance range

Fib retracement 61.8 is exactly 46.70... alas...that's where it stops on Friday... 

It will likely reject off 46.70 or take awhile between 46.70 and 51.35. The longer it stays above 46.70, the more likely it will full retrace to 57.25.

Ping An - Fib retracement 

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$PING AN(02318)$  

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Comments

  • financead
    05-20
    financead
    Nice analysis on Ping An's resistance range and Fib retracement levels.
    • Asphen
      yeah...it has indeed been rejected off 46.7
  • Aqa
    05-20
    Aqa
    Liked and shared
  • Deposit
    05-19
    Deposit
    thank you
  • melson
    05-18
    melson
    平安
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