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Stock Watch Stock : SINO LAND ( 00083 ) Suggestion : $14.2 ( Buy ) Target : $15.8 Resistance : $15 Support : $14.12 "By technical analysis, 10-day moving average is now at $13.68. 50-day moving average is at $14.12. It heads north as it jumps over the 50-day moving average. Meanwhile, RSI-14 is 58. It hovers above the 50-mark level, which suggests to staying on strong side. Analyzing the share price movement, the previous high is at $15.44 and the recent low is $12.32. Measuring from the recent low, Fibonacci 0.618 retracement is at $14.24. It recoups the 0.618 retracement, and heads toward the previous high. However, It is likely to trace further upward trend on strong momentum. " Download Forms
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