Fuyu Manufacturing

To improve my sleep, I promised myself to sleep at 12:00AM tonight, it is past 12 now so I guess this is my last entry today.


Fig 1 Fuyu Manufacturing Daily Chart

I have been tempted to buy this counter the last few days because of its pull back from its top of 0.155. Yet, I can't make myself to long this counter. Both its indicators are showing divergence on the last to tops. Further more, the RSI is reaching the trend resistance.

While Fuyu has stayed at 0.12 for the last 2 days, I was really reluctant to buy. I suspect that it may not go far in the short term.