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GoerTek Inc ST: as long as 13 is support look for 17.3
Trading Central | 2019-09-16 01:26:00

The MACD is below its signal line and positive.

Our pivot point stands at 13.

Our preference: as long as 13 is support look for 17.3.

Alternative scenario: below 13, expect 11.5 and 10.7.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 14.08 and 12.05).

Supports and resistances:
19.1 **
18.2 *
17.3 **
16.5
14.52 (CNY-last)
13.6
13 **
11.5 *
10.7 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-16-2019 at 03:26 UTC+1
Price reference: 14.52 last known on 09-16-2019 at 03:26 UTC+1
Investment horizon: ST

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