Wednesday, July 17, 2013

****** Potential breakout of Immediate resistance: Rowsley. Share price 0.465.

Rowsley has been consolidating below 0.465 for more than a month. Testing this level currently. Will be a Trading Buy Call If the 0.465 level and the 0.47 level gets lifted. Target to 0.500 near term. New support would be at 0.45 on the breakout ! Top 20 volume seen currently on attempting breakout, it’s a matter of time ! A slight Ascending triangle formation breakout seen which can signal more short term upside. Recent high was 0.500 in June which will stand as a next major resistance.
Stop loss 0.435
 

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