Forex Trading, News, Systems and More

CREG is ought to test its support level at around $1.50-1.55


Share:

Today’s instrument is Smart Powerr, a corporation that engages in the waste energy recycling business in China, and it is traded in NASDAQ exchange under the ticker CREG.

Looking at the CREG‘s chart, we see that it was lastly traded at around $1.65. Today it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we could expect it to rise towards its resistance level at around $2, otherwise it should test its support level at around $1.50-1.55.