Technically, it has formed a double bottom in the daily chart with neckline resistance near $0.05. Better have a consolidation first before taking out this barrier and the 50 days moving average at $0.058 at the moment, next barrier is 100 dma at $0.07. First medium term target is FEB high at $0.15. Of course, better scenario is they can clean up the mess up north first. Len should let those ignorant officials pay for the damages caused by wrongful accusation. We, long term shareholders, should have a good answer soon.
CXY Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held