Categories
HKSE Infrastructure

Anhui Tianda Oil Pipe Company Limited (0839) : Very nice Cup and Handle formation

Previous post on Anhui Tiande highlights the kumo resistance.

And indeed, Anhui Tiande hit the kumo and retrace a little.

What happens next is it actually forms a cup and handle and when it break through the kumo resistance, it breaks through strongly.

Very nice 🙂

2009Nov-Anhui Tianda Oil Pipe Co Ltd-800x600