Jaya Holding is reaching a very critical resistance between $0.66 to $0.67. This level considered a 4 in 1 resistance where 20D MA, 50D MA, 78.6% Fibonacci Retracement Level and previous uptrend support line. If this resistance can be broke, there is a good chance to start an uptrend. $0.57 proved to be a very strong resistance as the stock price bounced back from this 200D MA which is also the 61.8% Fibonacci Retracement Support.
KS Energy seems like trading on a down trend where lower low has been formed.
Things to watch out whether KS Energy will continue the down trend:
If KS Energy cannot get past and go above the above conditions, a lower high is formed and the down trend is confirmed.
Ying Li is currently trading in a Falling Wedge. The stock is currently testing 20D and 50D MA resistance, and also 23.6% Fibonacci Retracement Level at $0.438. Breaking these resistance level gives a chance to Ying Li to break the falling wedge resistance at about $0.46. Price target for successful breakout is $0.85. Keep a close eye on the breakout.
