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ThingumyBob
Jan 6, 2018 12:49 PM

Opportunity for break of bearish trend. Long

The9 Limited - American Depository SharesNASDAQ

Description

Above based purely on chart analysis

Clear barrier at $0.73. Next week, watch for support or break of this line.

BREAK - Bears now back in control and likely to fall below $0.70 to a new low for the past 7 days and then establish a new support.

SUPPORT - if Bulls can keep above the $0.70 into Tuesday then price will likely move onto the next stepping stone around $0.85.

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