Friday, September 21, 2018

China Sunsine: Cautious more selling if this support breaks, Price 1.02. System says?


Over the past few weeks, we have seen China Sunsine traded lower as market weakened…


We are now back to the critical 1.00 support that has been holding since the beginning of the year.


Any bearish price actions can see more selling with downtrend continuing toward lower target as seen below…


Was taking a look at the PTI system and don’t look too good still it seems, see more below




We had a couple of entry and exit signals for the year and the most recent one was on 8 Aug 2018…


A 1GT BEARISH Entry to be specific… and there are still no exits yet after a month…


Selling may still continue if 1.00 breaks down…


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