I’d redrawn the Fibonacci support & resistance levels after China Fishery broke the $1.422 resistance. Currently the stock price is testing $1.458 resistance and the volume is picking up. If this resistance is broken, China Fisher has chance to go up to $1.568 and eventually $1.616 (161.8% Fibonacci).
China Fishery – new support and resistance levels
- Post author:Marubozu
- Post published:September 29, 2009
- Post category:China Fishery
- Post comments:0 Comments