Synear is unable to break the 200D MA resistance on two occassions and continue its down trend. Do note that 200D MA is sloping down and Synear is currently trading below 20D, 50D and 200D MA. Next immediate support is $0.208 which is at the 23.6% Fibonacci Support level.
Synear: Still on Down Trend
- Post author:Marubozu
- Post published:January 26, 2011
- Post category:Synear
- Post comments:0 Comments