ROS - GOLD TURTLE 2017

{{article.Date | newsDate}} | Thích

We witnessed a slight ROS price adjustment at the resistance level between 118 and 118.3 after the uptrend in 20 consecutive sessions. However, that is not something we have to be afraid of.

According to our current Technical analyst view, ROS might break out from 126.6 at least in the period after the following week.

Based on the current situation that we will experience more 32 trading sessions until March 4th 2017 when ETF shows their portfolio restruction, assuming the further uptrend, on that day, ROS may reach 149.7 which should be a new Resistance level (a Fibonacci Resistance level in our views).

* Forecast that ROS price will grow slowly from around 149.7 to about 200  in the period that capitals owns them.

* After that, ROS might adjust to around 150 for investors to buy in the 2nd quarter and then some Capitals buy ROS;
* The last, ROS will increase capital after taking all the target.