Thursday, November 28, 2013

****** Testing Key resistance again: Mermaid. Share price 0.425. (More uspide ?)

Mermaid currently seen in TOP 20 volume is testing the key resistances at 0.42 to 0.43 which were the highs set in Feb and May 2013 before dipping. Clearing 0.43 would be a potential buy signal to 0.45 if it manages to stay above in the short term. A break above 0.45 will it at about a 3 year high which can see it got to 0.500 fast.
Stop loss at 0.39.
 
 

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