Rakuten Trade Research Reports

Foreign Equities (HK): CHINA UNICOM HONG KONG LTD - Positive Technical Indicators.

rakutentrade
Publish date: Thu, 25 Jul 2024, 09:27 AM
rakutentrade
0 1,967
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/

To sign up for an account: http://bit.ly/40BNqKI

Rakuten Trade

Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my

TECHNICAL ANALYSIS

CHINA UNICOM may trend higher after it broke out from the two-week bullish flag pattern two sessions ago. In view of the stock pulling further away from all EMAs, this has enhanced the bullish momentum. We expect the rising momentum to steer the stock higher and test the next level of resistance in the near term.

Fundamentals

Net profit is expected to grow at a CAGR of 9% for the next 3 years with strong net margins higher than 5%.

Source: Rakuten Research - 25 Jul 2024

To sign up for an account: http://bit.ly/40BNqKI

[Youtube Tutorial] Account Opening & Enable Foreign Equity: http://bit.ly/3I5Jzxo

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment