603268 - Migration Follows Strong Break of Structure
Guangdong Songfa Ceramics Co., Ltd.
Acceptance confirmed above the Value Triangle (VT) following a strong break of structure. Trend remains intact above the red Boundary Line (BL), with prior VT behaviour supporting continuation.
T1 projected from VT, but after the sharp acceptance move, waiting for a cleaner entry may be prudent to allow for better R:R; exit on close below BL.
Sector context:
Shipbuilding backdrop remains supportive, with continued tanker and bulker demand over the past month.
Ticker-specific news:
Recent updates are mainly regulatory (A-share placement acceptance and delisting-risk progress); no fresh operating catalyst identified.
Acceptance confirmed above the Value Triangle (VT) following a strong break of structure. Trend remains intact above the red Boundary Line (BL), with prior VT behaviour supporting continuation.
T1 projected from VT, but after the sharp acceptance move, waiting for a cleaner entry may be prudent to allow for better R:R; exit on close below BL.
Sector context:
Shipbuilding backdrop remains supportive, with continued tanker and bulker demand over the past month.
Ticker-specific news:
Recent updates are mainly regulatory (A-share placement acceptance and delisting-risk progress); no fresh operating catalyst identified.
Note
T1 reached as projected from VT. Take partials and let the remainder run to T2, or take full profit.Trade fermée: cible de profit atteinte
Note
T2 reached. Take full or profit if still in trade. Auction remains valid above red BL.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.