Categories
Consumer Goods

$GMCR . Right on support. Continue the bearish move

$GMCR hits the Tenkan sen and continues on its way down.

It closes just above the Support level of $49.56

Given that $GMCR has closes its ‘gap up’, this is an extremely bearish move for GMCR.

Vested. Bearish. Looking to add on to a winning postion.

Categories
Retail

Fuqi International Inc (FUQI) : Bearish Cross

This little darling that has rallied up so fast is finally breaking down.

The bearish Tenkan sen Kijun sen cross is sighted and it is now just sitting above the kumo for support.

Possible support at $26 and $24.

Fuqi