Best World (5ER)
- After a 4 month long uptrend that saw the stock more than triple in value from February, Best World saw a large correction of more than 20% at the start of June.
- Following that, stock tried to rally but failed to recover back to its previous high
- Short term downtrend has resumed after it met resistance at the $1.18 range.
- Might see further downside but watch for support level at the 50MA line.