Bullish Butterfly pattern on China Resource BeerBullish Butterfly pattern on China Resource Beer on the day chart
A secondary restest of the potential reversal zone forming a Bullish Gartley on the 4hr chart
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0.44 USD
727.31 M USD
5.49 B USD
About CHINA RESOURCES BEER (HOLDINGS) CO
China Resources Beer (Holdings) Co. Ltd. operates as an investment holding company. It principally engages in the manufacture, sales and distribution of beer products. The company was founded in 1992 and is headquartered in Hong Kong.
HKEX:291 New High is coming soon.HKEX:291 has formed a head and shoulder pattern. The right shoulder is also a double bottom pattern.
MACD divergence occurred at two previous point on 1st Mar and 14th Mar.
MACD showed a buying signal on 18th Mar, which broke two recent tops and also the resistance of the head and shoulder pattern
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