China A50 Index - STRONG BUY
Hi Guys,
2823.hk which is the A shares ETF of China listed in Hong Kong is currently at a major support which it has been holding since 2016.
Also, it tested its 0.8 fib, broke previous high and now retraced back to 0.8 of the smaller wave. Classic PA.
I am bullish on China A Shares and believe that price target should be north of $18.
Buy at 14.84.
2823.hk which is the A shares ETF of China listed in Hong Kong is currently at a major support which it has been holding since 2016.
Also, it tested its 0.8 fib, broke previous high and now retraced back to 0.8 of the smaller wave. Classic PA.
I am bullish on China A Shares and believe that price target should be north of $18.
Buy at 14.84.