Tuesday, March 6, 2012

Short update on Suga Int. (2012-03-06 0912 analysis)

The index plunged yesterday, and it seems like it is still not able to break out the resistant zone yet. Today let's have a short update on the small-cap stock I mentioned before (0912.HK).
















The stock price reached the level 2.12 mentioned last time, and is not able to surge further. It should be going down and reach the up-trend line support at around 1.90. And it will be in this range for a while, let's keep an eye on whether it could break out a lot.

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