Monday, February 19, 2018

Jiutian Chemical: Some short term reversal may be in progress... Price 0.073

Just last week, we spotted some nice reversal actions in Jiutian Chemical and were expecting a move above 0.070 soon…

Was then at about 0.068...

We have indeed the this level gave way to more upside today…

1st target may be on track towards 0.080 – 0.084 first.

Pretty volatile counters with short term upside above 0.070 for now… with indicators also looking good

Can it hit our 2 targets eventually? Let’s see….

Some profit taking for now near 0.075 which is normal….

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