In today’s briefing:
- PetroChina Co Ltd (857 HK) – 5.28 Target Achieved (+13%) In 8 Trading Days
PetroChina Co Ltd (857 HK) – 5.28 Target Achieved (+13%) In 8 Trading Days
- 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 31 March 2023 we published a bullish recommendation in PetroChina Co Ltd (857 HK), targeting an initial 13% upswing from 4.68 to 5.28. Longer term scope identified to 6.50/6.80.
- Initial target at 5.28 (+13%) was achieved on 17 April 2023 (8 trading days). We continue to highlight strong evidence of LT bullish trend change targeting 6.50/6.80 (+40%) multi-quarter.
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