HK9926 chance to breakout from its long term range?
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.
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