Wednesday, October 2, 2013

******* Trading BUY: SeeHS. Share price 0.405 clearing fast ! Follow up from yesterday's call. ( Broke Psychological 0.400 resistance today)

Following up from BUY call made yesterday. SeeHS has indeed surged higher on the breakout of the 0.35 resistance level and neared the 0.400 yesterday. Today we have seen it just broke above the 0.400 psychological level on TOP 10 volume again on further momentum. Support would now remain at 0.400. As long as 0.400 is a support, a rise towards 0.45 and 0.50 seems likely in the near term. More of an aggressive short term play to ride any momentum on this breakout. High set in Aug 2009 was 0.49 so it may be attempting to recover back to previous high seen.
Stop loss at 0.385
 

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