Since TiongWoon reached high at $0.985 september 2009, the price had retraced and discounted 50% to meet twice at $0.48 as strongest support level for the price. However, this level was fiercely violated on last week trading where the lowest come to $0.445. This breakdown of support at $0.48 level was supported by lower trading volume and negative signs shown on MACD moving averages and MACD histrogram. Another downtrend had just started and hopefully any CFD platform which allowed to “short selling” is able to provide some gains opportunity for investors in this counter.
