All posts and charts are for educational and illustration purposes only
Tuesday, July 25, 2017
AAC Technologies (2018.HK)
The chart is showing this stock could have peaked. Key risk are, 40-50% of revenue is derived from apple. Any product failure will affect its chance for future contracts. If Apple misses it earnings estimates due on 1 August this stock might be sold down. Near term target HK 98. HK 94 and eventually HK 85.