The crouching tiger, took the leap and then roared this week! Check out the volume - a stamp of classic third wave action! Broke through the 200-day MA with ease. In the very-short-term, overbought and approaching significant overhead resistance around the 3000 level. A sideways consolidation followed by a breakout would not surprise. The eventual minimum target of 3480 (the wave A high) still applies. For now, i'll be holding my medium-term positions and staying on board this chinese train.
All the best!
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