February 15, 2015
Moses Hong Kong Stock Column
ZTE Corporation, 0763.HK
What have you got from the three charts here? From the ten years data, the high is over, the low is over. From the recent chart, the price has completed a lower high. 20 MA is below 50 MA and 100 MA. 50 MA maybe crossing below 100 MA. Price is below all MAs. Price maybe traveling north, but do you want to be the one to hold the falling knife.
I remember, many years my law lecturer. She taught me the law for non-law student shared with the class on how she made extra pocket money from trading stock. She said, don’t be the first mover, wait for the market to show hand. When the price is slopping up, just join the fun.
ZTE Corp, 0763.HK February 13, 2015 Closed Up View
ZTE Corp, 0763.HK February 13, 2015 Twenty Eight (28) Months Data
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February 13, 2015 ZTE Corp Ten (10) Years Data
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Moses
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