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08-07-2008, 10:30 PM

abhinav2492 abhinav2492 is offline

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ChinaFish

The fibonacci retracement shows that the stock has support at 1.59 and then at 1.54. If the stock is able to sustain above these levels, then it might go to 1.74 ( 30 DMA and 200 DMA ). However, if the stock declines below 1.54, then it may go to 1.48.

The stock is currently in a downtrend and has seen huge unwinding in a last few trading sessions.

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