In today’s briefing:
- China Longyuan Power (916 HK) – High Probability 22% Rally Confirmed at the January Close
China Longyuan Power (916 HK) – High Probability 22% Rally Confirmed at the January Close
- 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.
- January 2023 confirmed a high probability bullish outlook when all 3 pillars were definitively triggered.
- Monthly Relative Strength Index (RSI) has an incredible multi-year history of confirming large upswings in 916 HK. January completed the 5th such bullish confirmation since 2014. Multi-month target at 12.945.
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