Sino Grandness had a fantastic run from the low of 29.5 cents on 18th Jan 2016 and staged a strong recovery to hit 57.5 cents on 15th Mar 2016. This is super bullish.
The current price of 55.5 cents is staying above the SMA lines which is generally rather positive.
Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.
Today it had formed a doji on the chart which may be a tell tale sign that the share price may retreat a little before setting the momentum for the next direction.
Short term wise it may continue to head higher towards 60 cents with extension to 68 cents.
(trade base on your own decision)
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