Since it bottommed its had a high of around 1.90 before dropping then had another go to 1.70 the day of the Mitsubishi announcement and did a whipsaw to the downside on huge volume and now today hit 1.70 again. So this area 1.70 to 1.90 is very important to breakthrough and stay above as the technicians will be watching before the real buying starts.
Needs a catalyst and may drift lower again unless the boys are secretly buying now.
CHN Price at posting:
$1.66 Sentiment: Buy Disclosure: Held
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