Tuesday, February 17, 2015

Valuetronics: Can it head higher upon crossing above 0.41 resistance now ?

Sent: Monday, February 16, 2015 11:40 AM
Subject: ************************ Valuetronics: Breaking above 0.40 - 0.41 a positive, short term Trading setup
Valuetronics has broke above the temp resistance at 0.41 on TOP 20 VOLUME which it has traded below since September. There can be more upside to 0.45 then 0.48 as long as 0.40 remains as the new support level now. A potential Bullish Double bottom pattern seen with 20 DAY MA line also finally reversing upwards. Horizontal level at 0.40 – 0.41 critical for more upside. Stop loss at 0.39 for long positions.
Sent: Tuesday, December 30, 2014 9:56 AM
Subject: ************************ Valuetronics: Temp retracement possible above 0.36 resistance. price 0.355
Valuetronics has been consolidating below 0.355 for about 2 weeks and have found a support around the 0.34 level. There can be a temp rebound if it can cross back above 0.36 which is also the 20 day MA line. Stochastic and RSI looks oversold and looking at a possible reversal if horizontal resistance clears out too. Short term target to 0.40 then 0.44. Stop loss at 0.335. Watchlist first.

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