MACD on the three year Soho chartIs actually neutral.
So,this 8.5 fold move off of the Oct/Nov bottom has barely touched the 'mother' of all indicators.
MACD and TRIX on the three year weekly is very supportive of a much larger move.
Teh 100 week maving average is an excellent resistance/support indicator and that is .18.
Hopefully Mr. Zhang and his support and 'plan' TBA,added to the long expected and anticipated 43-101 may get us to this very imprtant multi-year resistance level in short order.
Again,let's hope Soho exercises some restraint as this company finally has found support.