I admit I’m very surprised & a bit disappointed with where we close today. I thought we should be closing @ high for sure.
Some profit taking is expected. Fairly confident we gonna close above 35c this week as this news is a no brainer. Another 3/4 days, most of Chinese will come back to work after the sprig festival break. Then we will see some serious push up !
After today announcement, 30c range is looking very cheap. Bring on re-rate