In Retrospect: SINO, MBT

SINO

SINO gapped up on the first trading day, but eventually covered the gap during the succeeding trading days. Target price of 0.75 is still not reached. As of current 0.67 is the immediate resistance.

MBT

MBT broke out on the first trading day and had a gap up on the second trading day. But currently price encountered resistance at 68.50 which was the previous high last Feb. As of current support is at 66. Target price is still not reached and the downward move last Friday gives a chance for getting in. Price may move sideways to downward for the week. Support at 66 might be further tested this week. Next Resistance is at 68.50 and 73. Next support is at 65.50 and 64