HL Asia is forming a Head and Shoulders with neckline at $3.238 which is also 61.8% Fibonacci support. HL Asia is currently trading below 20D, 50D and 200D MA and this is a bearish sign. Breaking below the neckline will send the stock down to $2.70.
- Post author:Marubozu
- Post published:September 26, 2010
- Post category:HL Asia
- Post comments:0 Comments
Tags: Head and Shoulders