Wing Tai potential for an up move
I don't feel like writing much today, just want to go to bed as soon as possible. So here it goes.
Fig 1 Wing Tai Daily Chart
There are 2 things that attracts me to Wing Tai, one is the 3 white soldiers. The other is the flag. I was expecting a pull back after the 3 white soldiers because the move was relatively strong. While the last few days has shown a pull back, the volume is reducing, giving a typical flag behaviour. So it is likely to move up to a level of 2.168.
although the RSI is at the top, it has not yet formed divergence, so there is a good chance that this flag is going to realize.
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