lixing_gan

PetroChina is approaching support, potential bounce

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HKEX:857   PETROCHINA CO
Price is approaching our support where we could see a bounce above this level. Our first support is in line with our 100% and 78.6% fibonacci extension as well as the 61.8% fibonacci retracement. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
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