China Aviation – [ Will Our Third Target Be Met? ]


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12th February, 2019, 5:41 PM

China Aviation – [ Will Our Third Target Be Met? ]algo investing.com/wp-content/uploads/2019/02/CAO.png” alt=”China Aviation 12th Feb 2019″ width=”968″ height=”545″ srcset=”http://algo investing.com/wp-content/uploads/2019/02/CAO.png 968w, http://algo investing.com/wp-content/uploads/2019/02/CAO-300×169.png 300w, http://algo investing.com/wp-content/uploads/2019/02/CAO-768×432.png 768w, http://algo investing.com/wp-content/uploads/2019/02/CAO-600×338.png 600w, http://algo investing.com/wp-content/uploads/2019/02/CAO-721×406.png 721w” sizes=”(max-width: 968px) 100vw, 968px”>algo investing.com/wp-content/uploads/2019/02/CAO-msg.png” alt=”” width=”233″ height=”375″ srcset=”http://algo investing.com/wp-content/uploads/2019/02/CAO-msg.png 233w, http://algo investing.com/wp-content/uploads/2019/02/CAO-msg-186×300.png 186w” sizes=”(max-width: 233px) 100vw, 233px”>

Chart Source: Poemsview 12th Feb 2019

China Aviation had a rocket start to the week jumping from $1.19 on Monday to a high of $1.32 on Tuesday and finally closing at $1.29.

Our EXCLUSIVE CLIENTS were alerted of China Aviation early in the morning when it was at $1.20. A nice side accumulation was happening over the last two weeks which led to a nice breakout and two of our upside targets of $1.25 and $1.29 being hit.

Our Third Target stands at $1.34 which is the upper band of the trendline resistance. China Aviation rallied 10% since our alert and hitting $1.34 would be a bonus, so protecting some profits is a wise move at this point of time.

The uptrend support continues to hold China Aviation and a break of that might signal a change of trend.

In fact just in Jan when China Aviation was trading around $1.07 we also ALERTED our EXCLUSIVE CLIENTS on it.

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Yours

Humbly

Kelwin&Roy

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