China China Stock Code: SH601888
China Tourism Group China Exemption Co., Ltd. (formerly China National Travel Service Co., Ltd.), a listed company controlled by China Tourism Group Limited, is a large-scale joint-stock enterprise focusing on tourism retail business, with a registered capital of RMB 1,952,475,544. In 2009, China Tourism Group China Exemption Co., Ltd. (stock code: 601888, formerly China National Travel Service Co., Ltd.) was officially listed on the Shanghai Stock Exchange and officially landed on the A-share market, turning a new page in the company's development history. The company was successfully selected into the SSE 50 and FTSE China A50 Index, and has won the honorary awards of "Top 100 Golden Bulls", "Top 100 Company Value", "Top 100 High-Growth Enterprises in China", "Top 100 Best Management Operations in China", "Top 100 Capital Brands", "Top 30 Most Influential Listed Companies", "Top 100 Market Value Management Performance", "Best A-share Listed Companies" and "Excellence Award for Listed Companies Most Trustworthy by Investors". The business of China Tourism Group China Exemption Co., Ltd. covers tax exemption, taxation, tourism retail complex and other fields. In the future, the company will continue to maintain the sustained, stable and healthy growth of duty-free business, adhering to the concept of "customer-centric, market-oriented", with "duty-free business" as the core to upgrade the value chain, with "tourism retail" as the extension and upgrading of the industrial chain, to further build a world-class global tourism retailer, and to help China Tourism Group become a world-class tourism service group with global competitiveness. Below, we analyze the trend of its various levels through the method of entanglement theory. (The following graphical prices are denominated on a non-reversible basis)
China's China Free Monthly Candlestick Chart
The above chart is the monthly candlestick chart in China. From the division in the figure, we can clearly see a period of trend, the upward trend of [14.95-3403.78 yuan]. This period of upward trend has now come out of the first buy 14.95 yuan, the second buy 21.31 yuan and a rising center [30.11-37.50 yuan]. The stock price is currently breaking through the upper edge of the center of 44.29 yuan and high 78.40 yuan after rushing all the way up to the high point of 403.78 yuan, and then began to fall back to adjust. The current pullback low is 185.12 yuan, which has not yet re-entered the center. Can the low of 185.12 yuan be determined as the three buys of the monthly line? From the perspective of entanglement alone, there is already a bottom typing on the monthly line. Does this bottom typing work? We continue to analyze the secondary level movement.
China's China Free Weekly Candlestick Chart
The above chart is a weekly candlestick chart in China. Let's put the last two strokes of the monthly line, namely the downward pen [403.78-185.12 yuan] and the upward pen [185.12-231.88 yuan], to the weekly line to analyze it. From the above chart, we can clearly see that the downward pen of the monthly line [403.78-185.12 yuan] has a downward center on the weekly line [260.00-279.37 yuan], and there is a consolidation divergence and MACD bottom divergence at the same time, so we judge that its trend is over. In addition, the upward pen of the monthly line [185.12-231.88] walked out of the weekly line with a buy of 185.12 yuan and an upward pen after a buy [185.12-231.88 yuan]. The stock price is currently in the formation stage of the upward pen [185.12-231.88 yuan] after the weekly first buy of 185.12 yuan.
China-Free Daily Candlestick Chart
The above chart is the monthly candlestick chart in China. From the division in the figure, we can clearly see two movements, namely the downward trend of [403.78-185.12] and the upward trend of [185.12-231.88 yuan]. The previous downtrend has two downside centers, which in turn constitute a downtrend, and there is a trend divergence and a MACD divergence, so we judge that its trend is over. After the upward trend, on the daily line came out of a buy of 185.12 yuan and a buy after the upward pen [185.12-231.88 yuan]. The stock price is currently in the upward [185.12-231.88 yuan] rushing higher stage after the daily buy of 185.12 yuan.
Finally, we summarize the trend of stock prices at various stages, that is, the monthly line is in the three-buy formation stage, bullish; the weekly line is in the first-buy formation stage, bullish; the daily line is in the one-buy rush high stage, pay attention to the rush to fall. In summary, we predict that the first target level (daily level) of the stock is 272.49 yuan, and the second target level (weekly level) is 320.27 yuan.
【Disclaimer】
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