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Tuesday, July 25, 2017

AAC Technologies (2018.HK)

The chart is showing this stock could have peaked. Key risk are, 40-50% of revenue is derived from apple. Any product failure will affect its chance for future contracts. If Apple misses it earnings estimates due on 1 August this stock might be sold down. Near term target HK 98. HK 94 and eventually HK 85.

All posts and charts are for educational and illustration purposes only

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