It has fallen by 40.21% since the high and is near the lower rail of the downward channel

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From the top of 15.12, a complete 5-wave decline structure has been formed, along with a major C-wave, with a drop of -40.21%, spanning 84 daily K-lines and 122 days.

Record of thoughts: Bullish reversal signals (meet one of the following)
1. A clear volume increase with a bullish candlestick or hammer pattern on the daily chart
2. Price effectively breaks above the upper boundary of the descending channel for the first time
3. Daily RSI falls below 30 + bullish divergence

[Personal judgment only, not constituting any advice]

$XTALPI(02228.HK)

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