Stock Chart Analysis JRJC
China Finance Online Co. (ADR) (Public, NASDAQ:JRJC)
JRJC has held up pretty well this morning and looks like it wants to test a break out. Buyers have been stepping up on most pullbacks and overall this is a very good looking chart structure. The first step would be a close over the 20sma, followed by a move over the trendline showing the top of the base.
Good Trading,
Joey
for more analysis, check out downtowntrader.com
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