Now at 0.47, can it hit our first target at 0.500 ? Be a client to be notified LIVE in future of any trading opportunities!
Sino Grandness has traded below the 0.435 temp resistance level for about a week after retracing downwards from a high of 0.55 in Jan. Today, we have seen some actions again above the 0.44 resistance level which can lead to a recovery back to 0.50 then 0.55 in the short to midterm. Indicators looking oversold at the moment. As long as 0.435 – 0.44 is a new support, upside rebound likely, with stop loss at 0.42 envertheless. Has been consolidating sideways below 0.55 key resistance since October and may trade back to test this level again.
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