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Monday, April 4, 2016

China Aviation

China Aviation - 4th April 2016

China Aviation after touching the low of 58 cents on 28th Jan 2016 it had managed to continue to head higher to hit 81 cents on 15th Mar 2016. The is rather bullish.


The current price of 80 cents is staying above the SMA lines which is generally rather healthy and positive.

Also both Macd & Rsi are still rising which may be a tale tell sign that the share price may continue to head higher.

Short term wise it may continue to head higher to re-visit the recent high of 81 cents. Conquering 81 cents with ease + good volume that may drive the share price to head higher towards 90 cents.
(trade base on your own decision)


1 comment:

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