Chart Watch: China Aviation


China Aviation (G92)


2016May-China Aviation-800x449


  • Stock has been on a decent uptrend despite market volatility


  • Has managed to stay above its 20MA whenever a pullback occurs


  • A breakout above 0.935 today on strong volume signals additional upside


  • Due to bad general market conditions, a safer entry point would be to wait for a pullback and enter when it is resuming its uptrend