Weekly chart of Air China Ltd.
For the past few weeks, the share price had been trading side way with its weekly closing price falls within a resistance zone (between RMB 8.79 and RMB 9.57).
Looking at the chart back to 2014/2015.
The resistance zone was formed back to that period.
On 3 April 2015, broke out on the upside and rallied before the China stock market bubble burst.
Is the rally around the corner ?
Source :
1) Metastock
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