What do you think of GEELY Auto ?

Hey all ! Check out $GEELY AUTO(00175.HK)$ , I see price reacting in between a descending channel. Price is currently in the middle of the channel, I am expecting price to make a short-term bullish bounce from the potential pivot level in line with horizontal support, 61.8% Fibonacci projection and 127.2% Fibonacci extension towards the potential take profit level in line with 100% Fibonacci projection and 50% Fibonacci retracement. My short-term bullish bias is further supported with the RSI indicator where we can expect to see a bounce at the ascending trendline support.