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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