Almost 29% rally within a month, continual rallying? From 5 Jun 2012 to 6 Jul 2012, Sakarai Resource rallied almost about  29% from a closing price of 1.16 to 1.50 Preferred scenario:  A move above 1.510 will see 1.580 - 1.605 (gap resistance) & 1.750 - 1.800 in extension. [i am thinking of a Bearish 5-0 pattern. i wouldn't discuss in detail till a later stage.] Alternative scenario:  Using Fibonacci Retracement, a pullback to 1.29 - 1.38 offers a relative better risk reward ratio. Comments:  Do note the possibility of (bearish) MACD crossover.  Its 20-days and 50-days moving average is at 1.376 and 1.493 ...