Replies to post #11306 on Sino Agro Food Inc (fka SIAF)

[weeblewobble09]

sellers seem to let off around 61 and I noticed a ton of bid support at 60 cents. Like 6 different MMS and you never see that.

Chad mentioned the company buys stock, do they ever buy off the open market?

[EagleCheck]

Well, I was definitly right with the broken positive trend from december. But on the other hand we have now broken the negative trend from beginning of april when passing 0.46.

Now aiming for about 0.65, where we have strong resistance.

"Sorry to say:

We have now definitly broken the positive trend that was started at mid december at $0.40.

Now we have to hope that the $0,60 level can stand the pressure so we not head down to $0,40 again.

The SP has to move to about $0,73 before we are on good positive ground again. But now the support line is resistance... "