Friday, September 27, 2013

*********** Uptrend STILL INTACT: China Env. Share price 0.53. ( Continue to ride the gains as long as new support holds )

Following up from BUY Trading call made last Friday. China Env has indeed today broken above the 0.500 CRITICAL resistance level on TOP 20 volume. Likely to consolidate above the 0.500 support now from 0.500 to 0.54. Uptrend is still very much intact with it holding about each “Resistance turned support level” each time and consolidating before staging a breakout again. Can try to accumulate if it does dips to near 0.500 support. Near term target to 0.600 in the next few weeks. Those with previous long positions should raise stop loss level  to 0.485 to protect your profits but still let your gains ride.
Stop loss at 0.485

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