Sinotel Testing Gap Resistance

Testing of light blue gap resistance in progress. A successful breakout above this gap resistance will challenge the following potential resistances

1. Green upper channel resistance boundary
2. Pink resistance belt
3. Ichimoku Kumo Storm Cloud
4. Upper red channel dual resistance zone


Any pullback will probably retest the following support zones

1. Green support band
2. Lower green channel support
3. Milestone at 30
4. Lower red channel dual support zone

Stay alert and be nimble as market continues to roller coaster.