CHL NEWS why is China Mobile (hong Kong) Ltd. price falling or rising
CHL NEWS reasons for why stock price of China Mobile (hong Kong) Ltd. is falling or rising
CHL China Mobile is falling or rising technical reasons
Technical analysis forecast for China Mobile Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT China Mobile CHL at this time. Stock is falling and might fall more.
It appears as if China Mobile CHL gave a large move recently.
Stock of China Mobile (CHL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of China Mobile is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if China Mobile stays below 27.6, but if it comes above 27.6, then a intra day buy could be more profitable.
If you take a sell trade below 27.6, then use 27.6 as stoploss and 26.7 as target. However if you take a buy trade in China Mobile, then use 27.6 as stoploss and 28.36 as target.
CHL China Mobile is falling or rising NEWS fundamental reasons
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CHL China Mobile (hong Kong) Ltd. current price & indicator signals
Recent prices of CHL China Mobile (hong Kong) Ltd. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Fri Jan 2021 | 27.51 | 26.14 to 27.88 | 5.4% | 0.91 times |
| 07 Thu Jan 2021 | 26.10 | 25.35 to 26.78 | -5.95% | 1.72 times |
| 06 Wed Jan 2021 | 27.75 | 27.14 to 29.21 | -5.45% | 2.44 times |
| 05 Tue Jan 2021 | 29.35 | 28.53 to 30.49 | 9.27% | 1.35 times |
| 04 Mon Jan 2021 | 26.86 | 26.56 to 27.64 | -5.89% | 2.52 times |
| 31 Thu Dec 2020 | 28.54 | 28.31 to 28.68 | 0.88% | 0.24 times |
| 30 Wed Dec 2020 | 28.29 | 28.01 to 28.38 | -0.28% | 0.7 times |
| 29 Tue Dec 2020 | 28.37 | 28.34 to 29.01 | -3.57% | 0.42 times |
| 28 Mon Dec 2020 | 29.42 | 29.10 to 29.45 | 3.08% | 0.28 times |
| 24 Thu Dec 2020 | 28.54 | 28.46 to 28.61 | 1.17% | 0.14 times |
| 23 Wed Dec 2020 | 28.21 | 28.12 to 28.31 | 0% | 0.18 times |
| 22 Tue Dec 2020 | 28.21 | 28.01 to 28.27 | 0.14% | 0.29 times |
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