Monday, April 22, 2013

Short term trading Buy: Ying Li. Share price 0.51.

Ying Li has managed to stay above the 0.500 support level since breaking above it a week ago. Momentum seems strong at the moment on high volume (TOP 10). Day high as of now is at 0.52. As long as 0.500 remains as the immediate support, Ying Li is poised to head up further. A break above the 0.52 level can see it test 0.55.
Stop loss at 0.49 nevertheless.

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