China Minzhong (technical)

China Minzhong: Indicators are generally positive, with MACD still rising and both RSI and Stochastics moving higher. The decline of the ADX also suggests that the downtrend might be waning but see resistance at $0.64.. Any downside should be supported at $0.53. In the longer-term (6 mth horizon), counter still appears to be in a downtrend.