Hey guys check out SINOBIO !

Hey all ! Check $SINO BIOPHARM(01177.HK)$ out ! Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot in line with 50% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection. Our bullish bias is further supported by the Ichimoku cloud indicator where price is holding above it.

Potential Pivot level@6.08

Potential Take Profit level@6.47

Potential Stop Loss level@5.90

$SinoBio 5xShortSG231220(DHVW.SG)$
$SinoBio 5xLongSG231220(DKLW.SG)$

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