HK9926 chance to breakout from its long term range?

16 Sep

With its oversea partner (US.SMMT) breakout and achieve 10x in a year, I think HK9926 is likely to breakout and extend its range, to form a leg, from current long term range.

HK9926 still have momentum and see if it can breakout through this momentum, I think currently is still a buy.
There are still some catalyst coming this september and see if it can hold this current price range above $60.

But I won't chace SMMT as it is over-extended in weekly timeframe and could experience a retracement.