Pending no bad news about litigation / investigation from Chinese authorities having merit, this stock is bound for $100. It will break the $50 level easily and keep going long-term.
Buying strategies:
$35 breakout
$29 support
28.20 (.38 retrace)
25.50 (.50 retrace)
24.50 resistance becomes support
Will not sell unless, bad news hits stock on chinese investigation
Buying strategies:
$35 breakout
$29 support
28.20 (.38 retrace)
25.50 (.50 retrace)
24.50 resistance becomes support
Will not sell unless, bad news hits stock on chinese investigation
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