Monday, April 6, 2015

Sino Grandness - Rebounded as per call few days back, were you a part of it?

Rebounded and pushed higher as per call a week ago! NOW AT 0.335, more upside?

Sent: Friday, March 27, 2015 9:30 AM
Subject: *********************** Sino Grandness - broke 0.300 three weeks psychological resistance, more upside above it, price 0.31
After breaking below  the 0.300 support 3 weeks ago, Sino Grandness has headed to a low of 0.235 before finding some strength. Today we have seen it cross above the 0.300 consolidation resistance on top 10 volume and this can allow it to close the gap towards 0.36 then 0.40 which was originally the support level. As long as 0.29 - 0.300 is a support now, short term rebound potential likely with stop loss at 0.285. At current levels, has also cross above the short term 20 DAY MA line with MACD and Stochastic indicator showing sign of a reversal.

No comments:

Post a Comment