Chart[57] - Japfa

Following negative results from latest earning release, the counter gap down from 0.66 to 0.59 as refer to first chart. The sell down paused at 0.52 shortly. Similar support price was seen on last May. Shall price rebound, 0.59 would serve as immediate resistance. The price gap could be potential profit target shall strong buying interest kick in. Potential price catalyst could be policy change from China to import more swine from Vietnam. Shall 0.52 be broken, next strong support could be 0.455 as refer to second chart.
http://www.thepigsite.com/swinenews/43879/rise-in-pork-prices-owing-to-new-stimulus-programme/