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Tactical Allocation - Chow Tai Fook (1929)

 



Chow Tai Fook (1929): is currently consolidating within a trading range, showing potential for a price breakout to the upside. Historically, the movement of gold prices tends to precede that of Chow Tai Fook.

The initial target price is set at HK$13.80, with a secondary target of HK$15.80 if momentum continues. However, this outlook becomes invalid if the price falls below S$9.95.


Disclaimers apply

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