Wednesday, April 29, 2015

Cordlife - More upside as per call issued?

As mentioned to clients yesterday, Did break above 1.25 with a high set at 1.275 today ! Let’s See  ;)

Sent: Tuesday, April 28, 2015 9:27 AM
Subject: *********************** Potential Upside: Cordlife - crossing above 1.25 can see more strenght, price 1.245
Cordlife has staged a miraculous recovery over the past 2 weeks with it breaking above the 1.20 psychological resistance level yesterday. Range would probably be from 1.20 to 1.25 now but any clearing above 1.25 can see more upside to 1.30. 20 day MA line sloping upwards firmly and has also crossed both the longer term MA LINES which are also showing signs of reversal. Short term uptrend intact above 1.20.  MACD indicator still above the zero mark and shoeing strong momentum that can lead to more upside especially above 1.30, with target to 1.40 on a further breakout.

No comments:

Post a Comment