Wednesday, April 29, 2015

Innovalues - Breakout caught yesterday at 0.76 ! you got in ?

Now at 0.79, can it cross above our first target at 0.800 now, join our community to find out more.

Sent: Tuesday, April 28, 2015 11:07 AM
Subject: ********************Breakout Spotted: Innovalues - Staying above 0.75 now a good sign of more strength, price 0.76
Innovalues has consolidated below 0.75 for about 2 months and finally today, we have seen a breakout above the 0.75 critical resistance level on above average volume. This can put an end to the sideways consolidation and see it trade to 0.80 then 0.90 in the short term. We are seeing MACD stage a bullish crossover at the moment with momentum set to rise especially if it will be stay above 0.75 now. As long as this 0.75 new support holds, a positive in the short term with stop loss at 0.735. Both long term 100 and 200 day MA line still trending upwards gradually.RSI AND Stochastic trending upwards with more legs to the rally with this breakout spotted.

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