Monday, February 6, 2017

Fu Yu

A breakout above 0.205 is imminent! Tested 0.205 for the 7th time today in the last 10 months. The price action is indicating that buyers are trying to exhaust the huge supply at 0.205. It's a matter of time before the selling is exhausted and the buyer take control. A break above 0.205 will catapult the stock towards 0.23. Above 0.23 will be a zone of no resistance and the sky is the limit.

All posts and charts are for educational and illustration purposes only

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