Check out CK asset !

Hey all ! What do you guys think about $CK ASSET (01113.HK)$ ? I see that price has recently broke out of the descending trendline resistance and it is abiding to the ascending channel. However, I am expecting that price would make a small bearish drop at the potential pivot level in line with 78.6% Fibonacci projection and 161.8% Fibonacci extension towards the potential take profit level in line with 61.8% Fibonacci projection and 38.2% Fibonacci retracement. My short-term bearish bias is further supported by the stochastic indicator where the %K line is at the resistance level.