SunVic Chemical   

Sunvic Chemical

Sunvic Chemical has dropped 40.88% from the peak of 79.5 level after announced the JV plan on 23 Jan 14. Current level of 47 cents slightly lower than Fibo 78.6%.  Hopefully can rebound from here as the Fibo 78.6% is an important ratio serve as the barrier ratio and last defence level.