Sino-Environment chart.  Source from www.chartnexus.com

Sino-environment is currently trading at a support turned resistance level at around $0.755. The next support level may be at around $0.385 which was the low in October’08. RSI is turning down from overbought level which may represent a healthy retracement after the recent rally in October’08. However, signs of bottom have not been found on the chart as yet. As such, investors are urged to remain prudent and have the patience to wait for the signs of a market bottom.