Can it cross above the 0.150 psychological resistance now?
Sent: Thursday, September 17, 2015 4:21 PM
Subject: ********* Ying Li: Potential move above 0.145, price 0.142
Subject: ********* Ying Li: Potential move above 0.145, price 0.142
Ying Li has gradually rebounded after hitting a low of 0.120 last month and we are now seeing it test the critical resistance at 0.144 - 0.145 which it has traded below for about 3 weeks. Has just crossed above the 20 day MA line at current levels and staying above 0.145 now can see more strength in the short term. MACD has seen a crossover and reversing upwards with Stochastic also pointing up firmly. In watch list for a clear breakout with target set at 0.160 then 0.175 which was the original support turned resistance level.
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