SINO closed yesterday with 10.71% gain. Its price closed above the 38.2% Fibonacci resistance at 1.15 which is good. Notice that the volume on the daily chart below is also increasing which is also good because more buyers are coming.
Let's see if SINO will be able to pass the next resistance at 1.34 today.
RSI or Relative Strength Index is in overbought at 76.54.
Caveat!
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