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rhliembono
Jan 1, 2014 3:32 PM

2 January Trading signal  Long

Description

SFE has now break high, after previously sideways for approximately two years. SFE closed at $ 20.09 and resistance as well as the next price target at $ 21, which is also the highest price of 9-year-resistant.

can be seen in the chart above, there is an inverted head and shoulder pattern of long-term (9 years) that make up the target price of $ 40. If the SFE break the $ 21 level, potentially back to $ 40.

long positions: 20, add the position if the break 21

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