BONIA SHORT
Bonia has been on a downtrend for a very long time. Bonia has recently broken out of the trendline. However, it seems as if price is about to break lower. Price has already broken ascending support level, and hit resistance level of 27.5 cents. Price will most probably retest trendline at 30 cents, before continuing down to 24.5 cents, then maybe 20.5 cents. If price breaksthrough that support level, it may hit 17 cents.
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