Ping An - My fav counter on China Market is moving
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.
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.
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- financead·05-20TOPNice analysis on Ping An's resistance range and Fib retracement levels.1Report
- Aqa·05-20TOPLiked and shared1Report
- Deposit·05-19thank you1Report
- melson·05-18平安1Report