Thursday, April 11, 2013

Short Term Trading Buy: Interra Res. Share price 0.505.

Has broken up above the 0.500 critical resistance level. Now at 0.505. Top 5 Volume seen currently. Could signify buying interest again on this break out. Resistance will now turned support at 0.500. As long as 0.500 remains as new support level, short term target to 0.55 is possible.  A break above 0.55 can see it go to up further to test recent high of 0.595 set on 1st Feb 2013.
Stop loss at 0.485.
 
 

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