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Monday, February 22, 2016

Best World

Best World - 22nd Feb 2016

Best World had a impressive run from the low of 27.5 cents on 21st Jan 2016 and head higher to touch 38.5 cents on 22nd Feb 2016. This is rather bullish.



The current price of 38 cents is staying above both 14SMA & 25SMA lines which is rather positive.

Also both MACD & RSI are trending higher that may provide further indication that the share price may continue to head higher.

After this good thrust white Long bar with super high volume of 3.056m share changing hands , it will be good for it price to take a breadther/ retreat a little  before continue this uptrend mode.

Short term wise it may continue to head higher to test 42.5 cents with extension to 50 cents.
(trade base on your own decision)


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