ema_combojust a ema_combo.
It uses 5, 10, 20, 30, 60, 120, 200 days ema trending lines to show the trending of the stock price.
601728 trade ideas
Forward looking telco player Read latest article here
We have heard quite a fair bit about the upcoming 5G technology and how it is going to help us in terms of fast downloading , thus saving time,etc.
We are now living in a connected world where speed truly matters. More storage space, faster downloading, clearer image, etc. We want it and and we want it now. That's the stressful part of instant gratification. It becomes like a vicious cycle where customers demand faster turnaround and suppliers are competing with one another to churn out the next high speed device to counteract with its competition.
According to techrepublic.com, the top 3 countries with the most 5G networks are South Korea with 85 cities, China with 57 cities and US with 50 cities.
I believe the next decade we are going to witness a vast improvement in our communication and information sending and receiving.
The more advanced this technology becomes, the more I wonder if bricks and mortar business will have its footings , one decade from now ? How will the economy be like ?
Accumulation structure $728
Fast dynamic support holding up. Price hovering near structure resistance.
Accumulating at 2.70-2.80 area, sell at 3.50 - 3.80 VBP resistance.
RRR = 3.00++ not bad for a position trade.
A long term play Read this recent article here
The lowest price is 1.80 which I did not get for some reasons so I am hoping it would fall now to the next support level at 2.14 where I would deploy 25% of my capital to buy. If it falls to 2.00 , I would then deploy 50% more to go long.
It is highly unlikely that it would fall below 2 but there remains a possibility.....
I am bullish on this stock in the long run.
