The counter broke up from resistance ~ 0.95 last week with significant transaction volume. Price retreated to new support 0.95 on last trading day. Shall buying interest continue, price could head towards 1.08. From the weekly chart below, strong support is 0.85, while strong resistance is 1.21.
Sunday, January 29, 2017
Saturday, January 21, 2017
Chart[36] - Cogent
The counter saw strong buying interest since of last year. Management indicated that they received indication of interest to the company and business from time to time. Price broke up resistance ~ 0.67 early this year. Upwards momentum worth for monitoring.
Friday, January 6, 2017
Chart[35] - Yanlord
The counter is forming a double bottom formation at 1.3. Last trading day saw it gathering momentum to break up soft resistance 1.345. Volume looks decent. Shall buying volume continue on following days, it could be heading towards 1.44
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