Origin Agritech SEED Stock Analysis 11/24/09

The following is technical analysis of Origin Agritech Limited (SEED) stock for November 24, 2009

Origin Agritech Limited Support & Resistance Levels - 11/24/09

Resistance Levels: $12.09

Support Levels: $9.80, $8.85, $6.81, $6.00

http://stockcharts.com - Chart

Discuss Stocks - http://stockstobuy.org

Origin Agritech Limited (SEED) exploded yesterday as most of you know. The stock closed at It's highs of the day which is bullish for today but I am expecting some profit taking on Tuesday. If SEED does get some additional momentum Tuesday, I feel the stock could hit $12 and then begin the sell off. Keep an eye on support at around $9.80. If $9.80 fails, I will start playing SEED from the short side. As always, keep tight stop orders. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free