Hey guys check out SINOBIO !
Hey all ! Check $SINO BIOPHARM(01177.HK$ out ! Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot in line with 50% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection. Our bullish bias is further supported by the Ichimoku cloud indicator where price is holding above it.
Potential Pivot level@6.08
Potential Take Profit level@6.47
Potential Stop Loss level@5.90
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