Wednesday, May 18, 2011

Kingold Jewelry, Inc. (KGJI) Video Chart for Wednesday, May 18, 2011

KGJI is holding a base in the area of $1.80. The indicators are giving hints that the chart may be ready to try and make a move as long-term divergence is happening and the bollinger bands are tightening. Technical traders will be watching for volume and paying attention to the bottom support as it must hold.

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