0916.hk China Longyuan Head & Shoulders breakout

Another head & shoulders pattern breakout. While this stock has made a small retracement last week, it is still possible for this stock to retrace to the 16.50 level before making the final plunge. As of Nov. 19, 2021, this currently sits at the 100 EMA and also an important support zone.

Intermediate Price Target: 14
Final Price Target: 12