Macro & Asian equity Technical Strategies, BBSP Asia

Federico D'Inca

Macro & Asian equity Technical Strategies

BBSP Asia

Technical Analysis

Chunghwa Telecom Co., Ltd (Adr) / Technical Analysis

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/025/901/original/BBSP%20Chunghwa%20Telecom%20.JPG?1494557345" class="editor-image img-responsive" data-smartkarma-image-id="25901"></figure><table class="table table-striped"><tbody><tr><td><div id="dtd_titreConseil">Bullish above <strong>100.00</strong>
</div></td></tr></tbody></table><div id="dtd_analyse">*** Strong view conviction</div><table class="table table-striped"><tbody><tr><td>
<div id="dtd_titreCas1_pre"><strong>Preferred case:</strong></div>
<div id="dtd_titreCas1_suf"><strong>Bullish</strong></div>
<ul><li>
<strong>100.00</strong> support, rise expected to <strong>116.00</strong>.</li></ul>
</td></tr></tbody></table><div id="dtd_kelTitre">Key elements on a weekly basis:</div><ul>
<li>Back to graphical support and 144 week MA</li>
<li>weekly Rsi at level where the stock reversed in the past.</li>
</ul><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/025/903/original/BBSP%20Chunghwa%20rv%20vs%20TWSE%20outperf.JPG?1494557499" class="editor-image img-responsive" data-smartkarma-image-id="25903"></figure><p>Also, relative value 2412 TT vs TWSE outperformance expected</p><div class="content-remarks"><p>Access to this document is restricted to the use of the intended recipient designated by BBSP and may not be<br>shared with others. Any unauthorized use, dissemination, distribution or copying of this…</p></div>

Bullish above 100.00
*** Strong view conviction
Preferred case:
Bullish

100.00 support, rise expected to 116.00.
Key elements on a weekly basis:
Back to graphical support and 144 week MA
weekly Rsi at level where the stock reversed in the past.
Also, relative value 2412 TT vs TWSE outperformance expectedAccess to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any unauthorized use, dissemination, distribution or copying of this…

Chunghwa Telecom 2412 TT - About to Explode Upside - Target 116 (+10%)