kbsf Long - Reverse Stock Split - First Black Swan 2017

KBS Fashon Group initiated a reverse stock split a few weeks ago trying to bring their share price back into an institutional accepted area. Hoping to see gains in the future price, current price touching a major .236 Fibonacci level and will need to climb above the current 6.60 mark to have a successful reverse stock split future. next week will be crucial to see the life or death situation of this stock. Should be interesting to watch...