Saturday, 23 June 2012

Ying Li request by GN

Ying Li
Ying Li on Friday rose with slightly higher volume compared the previous few days.
I drawn 2 Fibo levels to show the possible correction of the overall trend (light blue) and the technical rebound we might get (dark green).
It's possible that Ying Li is coming to a small resistance at 0.31.
But the strongest resistance will be 0.33 where it will be 61.8% overall & 50% technical rebound.
Those in longs of this counter can either take partial profits or set a trailing stop.

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