EVK hasn't been a stranger to big moves quickly. Nor has it been a stranger to the 382 Fib level either. Now the second time it's tested this area, EVK continues to fail to break and hold above it (as of right now). While there's still a clear uptrend with higher lows, there's a pretty important level that may be of interest right now which is the 50 fib line....
NASDAQ:EVK Possible Scenario: LONG Evidence: Price Action, P/F reversal sign on 14th July, break out confirmation with high volume. TP1: 4 S: 2.80 *This is my idea and could be wrong 100%
Ever-Glory International Group, Inc., together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States.