Pacific Radiance has been trading in a general upwards direction since breaking above the Critical 1.00 resistance level 2 months ago. Has been trading alongside the 20 DAY short term MA line and finally pulled away from it on strength above the 1.15 level. Can consider accumulating on dips below 1.20 as long as 1.15 holds as immediate support. Short term MA line pointing upwards resolutely with channel support line holding since Dec last year. MACD indicator still showing a strong crossover with it maintaining its strength. Uptrend still very much intact until key support levels are broken. Till then, can continue to ride the upticks and raise stop loss along the way.
Stop loss at 1.11.