Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: China Resources Beer Holdings (291 HK) – Target Achieved – 8.75% Profit in 15 Trading Days and more

In today’s briefing:

  • China Resources Beer Holdings (291 HK) – Target Achieved – 8.75% Profit in 15 Trading Days

China Resources Beer Holdings (291 HK) – Target Achieved – 8.75% Profit in 15 Trading Days

By David Coloretti, CMT

  • At TMA we deliver high probability outcomes by focusing on our 3 pillars of technical analysis. •1) Response to key levels. •2) Price action. •3) Momentum confirmation.
  • On 9 February 2023 we published a bullish recommendation in China Resources Beer Holdings (291 HK), targeting an 8.75% multi-week rally in Q1 2023.
  • 291 HK rallied from 58.75 on 9 February to 63.90 on 7 March (15 trading days), a rise of  8.75%. Target achieved on 7 March 2023.  

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars