Tuesday, December 8, 2015

China Env: Looking negative below 0.060 still?

Support levels breaking down... more downside potential, price at 0.055.

Sent: Tuesday, December 01, 2015 10:09 AM
Subject: ************** China Env: Breakdown of key support levels, all time low.... downtrend intact... price 0.068
China Env has broken the support at 0.080 yesterday and today a move below 0.070 support again in a sign of weakness. Staying below now can see more weakness towards the 0.060 then 0.050 level possibly. Downtrend clearly intact with all 3 moving averages sloping downwards and a convincing breakdown. CFD SELL along the way to ride the downside….. All indicators negative and more room to go for the downside.


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