UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0Comparing medium- to long-term data, the government's fiscal reserves have fallen to a decade-low, approaching the level of about 669 billion yuan in fiscal 2011/12, far from the reserve size of over 1 trillion yuan from fiscal 2017/18 to fiscal 2019/20.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0In the previous budget, it was predicted that the fiscal reserves would gradually recover to HK$980 billion over the four years from fiscal 2024/25 to fiscal 2027/28, but this year's government revenues are worse than expected, and this forecast may be lowered again.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0After reaching a peak of HK$4.36 in May last year (see Figure 2), China Power International's stock price continued to fall, and after breaking through the support of the 20-day and 50-day lines in July last year, it continued to fall and fell to HK$2.81, the bottom of the overall downward wave.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0In addition, during the period when the stock price bottomed out, the 9-day RSI formed a trend where the lows were higher than others.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0After that, the stock price successfully broke through the 20-day and 50-day lines, and even pulled the 20-day line above the 50-day line, forming a golden cross.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0It is expected that the stock price has bottomed out successfully.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0After consecutive rebounds, the stock price rose to HK$3.80 twice, before quickly falling back.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0Yesterday, it finally closed at HK$3.81.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0The trend seems to have broken through.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0If the stock price can stabilize above HK$3.75, it is expected that the 9-day RSI will help test the 70 level, which is believed to be able to push the stock price towards the starting level of the entire downward wave again.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0Investors can buy at the HK$3.80 level, with a target of HK$4.36.

UCYB Hits Oversold Level on RSI Indicator getLinesFromResByArray error: size == 0 getLinesFromResByArray error: size == 0If the stock price falls below the 50-day moving average of HK$3.55, they should sell to stop losses.getLinesFromResByArray error: size == 0