China MinZhong has a bullish moving average crossover.
The 50MA is crossing up the 100MA.
Volume of CMZ has been increasing and the 200MA showing minor sign of turning higher.
However, do take note that it is coming close to a resistance - the 61.8% Fibo level which was also a prior resistance.
Also, the 200MA is near that level to act as a resistance.
My entry views: enter on any possible pullback and hold it for 1-3 months. Disclaimer applies.
And the volume was high for this doji.
Capitaland is also facing the previous resistance of 3.21 which is also the 50% Fibo level.
Those with long positions, please be careful with this counter.
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