0.22 is a resistance level, also the downward trend line since Jan 2018. Above there, cluster of resistance 100 SMA, 200 SMA and 50% Fibonacci around 0.235/24. Long story short, if buy rate and volume drop, expect a slow grind upwards. Otherwise, a buttery cut through the levels in a day or two opens the doors to 0.275/28 and eventually 0.30 and year high 0.325
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jordanmaggie61
1,894 posts
Posted by jordanmaggie61 > 2018-04-16 14:22 | Report Abuse
said hi to new