Thursday, April 16, 2015

Spackman - Clearing past our previous targets ! NOW 0.162


Sent: Thursday, April 02, 2015 9:24 AM
Subject: ****************************** Further Breakout spotted: Spackman - Maybe heading towards 0.150, price 0.143
From past few trading calls, Spackmen has continued to show strength and seems like heading towards the 0.150 psychogical resistance as mentioned previously. Support would be at 0.140 for now with immediate temp resistance at 0.145, clearing aboev 0.145 can see it trade to 0.150 fast. 20 day MA line reversing upwards with MACD indicators turning a positive number finally after 6 months which can show more momentum. Raise stop loss to 0.138 now. A key breakout above 0.150 resistance can be the opening of a new rebound phase back to 0.180 then 0.200.
Sent: Wednesday, April 01, 2015 4:04 PM
Subject: ******************************* Breakout spotted: Spackman - clearing 0.130 can see more strength, price 0.139
Quite a clear breakout seen above 0.130 resistance today as it nears our first target at 0.140, more upside towards 0.150 if it can cross 0.140 too. Raise stop loss to 0.137 on a further breakout or can also consider taking some profit along the way to 0.150.

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