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Where the government decides to spend its budget will in some way determine the prospects of that industry, in this case , it will benefit the defence industries.
BOC Aviation is one of them , having reached its peak in Dec last year at 81 dollars. It is now forming a possible inverse cup and handle pattern OR continue to heads south to revisit its bottom at 33 dollars.
So, let's be patient and see how the price action performs before deciding to take any action.
Where the government decides to spend its budget will in some way determine the prospects of that industry, in this case , it will benefit the defence industries.
BOC Aviation is one of them , having reached its peak in Dec last year at 81 dollars. It is now forming a possible inverse cup and handle pattern OR continue to heads south to revisit its bottom at 33 dollars.
So, let's be patient and see how the price action performs before deciding to take any action.