Chart Watch: China Aviation

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China Aviation (G92)

 

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  • 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