Jaya Holding is forming a symmetrical triangle and looks like breaking out. Need to keep a close eye on the future price movement. Immediate support at $0.673 which is a 78.6% Fibonacci Retracement Level, followed by the uptrend support (which is also 200D MA support). Price target for the breakout is $0.90.
- Post author:Marubozu
- Post published:September 26, 2010
- Post category:Jaya Holding
- Post comments:0 Comments
Tags: Symmetrical Triangle