Tuesday, March 31, 2015

Potential Breakout: Rowsley - Breakout seen above 0.170 finally. price 0.173

Call issued this morning at 9.17am ! NOW 0.179, were you alerted live?

Sent: Tuesday, March 31, 2015 9:17 AM
Subject: ******************** Potential Breakout: Rowsley - Breakout seen above 0.170 finally. price 0.173
After trading below 0.170 for about 2 weeks, we have finally seen a breakout on top 10 volume above the 0.170 psychological resistance level which coincides with the 20 day short term MA line. This can lead to more upside to 0.180 then 0.190 in the near term. Stochastic indicator has reversed upwards with MACD indicator looking at a bullish crossover which can lead to more momentum especially on this price action. Stop loss at 0.167 for long position. As long as 0.170 holds as a new support, still good for a rebound back to its previous consolidation seen in Jan and Feb this year. Entry can be from 0.171 to 0.173.

No comments:

Post a Comment