Monday, September 16, 2013

********* Impending Breakout: Rowsley. Share price 0.59. (Entry on breakout above 0.600 Criticallly)

Following up from previous call made on 5th September 2013. Rowsley has still consolidated within the range of 0.54 to 0.60 for about 2 weeks already. Can see huge resistance at 0.600 currently. That would defnitely be a KEY psychological resistance to watch. A break above 0.600 can open the way to 0.64 then 0.700 fast. As long as 0.54 and 0.55 remains as the support in the near term, we are bullish.
Stop loss at 0.58 for long positions on breakout above 0.600.

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