Chart Source: Poemsview 4th July 2018
China Sunsine a stock that we mentioned just two days back on Monday saw it moving down ever since.
It couldn’t manage to regain its uptrend line and also broke the horizontal support of $1.49. From then on its just sticking to the game plan of going short as previously mentioned.
China Sunsine dropped over 5% in just two days which we are delighted.
It has gone beyond the first support of $1.43 but we’ll want to see that it doesn’t stay above this for the next few days. If it doesn’t then $1.36 might be on the cards.
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Stay Tune as we will update with more details.
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