China HongXing has formed a Head & Shoulders and at the edge of breaking out from a triangle. If China HongXing breakout from the triangle and go north with huge volume, the stock may go up to $0.27. Conversely, if the stock breaks out (the triangle support is also the neckline) and heads south, the stock may go down to $0.13.
- Post author:Marubozu
- Post published:October 23, 2009
- Post category:China HongXing
- Post comments:0 Comments
Tags: Head and Shoulders