Wednesday, April 23, 2014

****************** Osim: Still a BUY, Uptrend very much intact, ride the upside along the way...... Now at 2.78

Osim has indeed neared our target at 2.80, today we have seen it broke above the 2.75 resistance level which was holding for more than 2 weeks already. More upside can be possible if psychological 2.80 resistance gets cleared out too and its poised to head higher to 3.00. Have seen it formed higher lows since 2 months ago while consolidating upwards. Can accumulate on dips above 2.70 if possible now.
Raise Stop loss higher at 2.73 and continue to ride the uptrend.

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