China Animal Healthcare: Watch The Uptrend Support!

  • Post author:

China Animal Healthcare’s stock chart is showing sign of weakening, if we compare the previous wave patterns (nice and solid triangle) on the uptrend.  Although the uptrend is still intact base on current chart, it is important to see whether ChinaAniH can stay above this uptrend support at about $0.345 (which is also at 78.6% Fibonacci Support). Breaking down this support indicates the end of the uptrend for China Animal Healthcare.

Continue ReadingChina Animal Healthcare: Watch The Uptrend Support!

Eratat: On Up Trend

  • Post author:

Eratat is current trading on uptrend. However, Eratat may pull back as the stock is hitting the 78.6% Fibonacci Resistance at about $0.239. $0.21 (the uptrend support) is a good entry level for short term trade as long as Eratat stays above this uptrend support line.

Continue ReadingEratat: On Up Trend