Shenghe Resources Holdings - a potential buy
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After a year of consolidation, it is almost time to rebound to its glorious days. It has fallen almost 50% from its peak to the current support level at 15.20.
The breakout seems feeble and I expect it to be a false alarm and is likely to fall further.
So, let's wait and see how it behaves next week.......
After a year of consolidation, it is almost time to rebound to its glorious days. It has fallen almost 50% from its peak to the current support level at 15.20.
The breakout seems feeble and I expect it to be a false alarm and is likely to fall further.
So, let's wait and see how it behaves next week.......