Wednesday, March 18, 2015

Bearish Setup: China Env - MORE downside ? CFD SELL CALL PREVIOUSLY

Can it stay above 0.145 now after briefly breaking below it today ?

Sent: Wednesday, March 18, 2015 10:08 AM
Subject: ***************** Bearish Setup: China Env - Breaking down below 0.145 support, not good, CFD SELL
Following up from previous CFD SELL CALL, China Env has traded lower and now has found a support at the 0.145 level. Today we have seen it broke below this support on above average volume to a low at 0.142. Note that staying below 0.145 now can lead to more weakness at it heads lower to 0.100 possibly which was the support in December last year. CFD SELL to ride any downside on any stronger indication below 0.145 level. 20 DAY MA line has also crossed below the 100 day MA line as it trends lower. Careful long positions. CFD SELL.


Sent: Thursday, February 12, 2015 9:44 AM
Subject: ****************** Bearish Setup: China Env - Breaking down below 0.200 support, not good, CFD SELL
As long as 0.200 remains as the new resistance level, can see it retrace back down to 0.180 then 0.150 support level. CFD SELL positions can be used to ride any downside. All 3 technical indicators looks to be turning downwards after the upticks seen since December. It has also just broken below the 20 day MA line and has continued to stay below for about a week. Careful long positions. Have broke below the 0.200 support level today on top 20 volume.

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