Monday, May 4, 2015

Cordlife - What a run up seen? price 1.30

Touching out first target at 1.30 today, more upside ?

Sent: Wednesday, April 29, 2015 9:11 AM
Subject: ********************** Potential Upside: Cordlife - crossing above 1.25 can see more strength, price 1.26
From yesterday’s buy call, seems that Cordlife has managed to break above the 1.25 resistance level on top 20 volume today. Support would be at the 1.24 – 1.25 level for now and there still can be more strength if it stays above 1.25. Stop loss at 1.235 for now. Target to 1.30 in the short term. Breaking out further above 1.30 can pave the way to 1.40 fast. It has continued to see a consistent climb higher in recent weeks, seeing an overlying trend upward, rallying from just under 1.00 on April 1 to close in the last session at 1.245 for a month to date increase of more than 24-percent. Trading well above its support levels of 1.20, continues to show strength and looks easily poised to potentially break past resistance levels of 1.30 very soon.

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