$中国生物制药(01177)$
Hey guys! Anyone eyeing on $SINO BIOPHARM(1177.HK)
Prices are on bearish momentum. We see the potential for further dips
Looking to get in at the sell entry @ 5.19 in line with 127.2% Fibonacci extension. Probably going to short to 3.73 in line with 200% Fibonacci projection. I'll have my stop loss potentially at 5.53 in line with 161.8% Fibonacci projection. Prices are trading below the ichimoku clouds, further supporting our bearish bias.
Entry: 5.19
Take Profit: 3.73
Stop Loss: 5.53
What do yáll think?
$SinoBio 5xLongSG231220(DKLW.SI)
$SinoBio 5xShortSG231220(DHVW.SI)
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