China Precision Technology Ltd provides integrated manufacturing services to the consumer electronics, automation equipment, telecommunication and automotive industries. The Group's major manufacturing industries are in China and counts Samsung Group, Sony Group, Toshiba Group, LG Group and Panasonic Group among its customers.
From chart, prices turned down after hitting high of .43, with rsi i
n the overbought zone. Ideally, we would want price to break resistance .43 with rsi rising above the 70% mark, however that did not materialise, hence look to consolidation at the .40 level again before staging another attempt for a breakthrough. Next support at .375/.355.
From chart, prices turned down after hitting high of .43, with rsi i
n the overbought zone. Ideally, we would want price to break resistance .43 with rsi rising above the 70% mark, however that did not materialise, hence look to consolidation at the .40 level again before staging another attempt for a breakthrough. Next support at .375/.355.
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