Since the last sell signal (Chart 4), share price continued to fall and broke below the Lower Price Band (Chart 1) with increased volume (Chart2). All indicators are extremely bearish:
Sino TechFibre ($0.885, 20080104):
Closed with 52-week low. Price action and all indicators are very bearish:
Closed with 52-week low. Price action and all indicators are very bearish:
Sino TechFibre ($1.27, 20071019):
Price crossed into the lower price band and touched the lower price line which served as a good support on last Friday. A sell signal had appeared recently and with the rapidly deteriorating indciators, it is expected to dip further below the support at 1.24 in the coming weeks:
Price crossed into the lower price band and touched the lower price line which served as a good support on last Friday. A sell signal had appeared recently and with the rapidly deteriorating indciators, it is expected to dip further below the support at 1.24 in the coming weeks:
