Major Support Failure at $1.16 which was the all time low support has triggered a downward move into uncharted depths as price continues to sink. Projecting into untested depths using Fibonacci extension projection the next support is 127.2% at 89 cents. Fundamental Analysis will also take 95 cents IPO price as a possible support level. Monitor for reversal confirmations.
Monday, March 3, 2008
Yangzijiang Next Support
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