Tuesday, June 2, 2015

Debao Property: What a huge surge seen above the 0.050 resistance level as mentioned on Friday.

Congrats to those who manage to get some on time J now 0.068

Sent: Friday, May 29, 2015 2:42 PM
Subject: ********** Debao Property: Potential breakout further above 0.050, price 0.046
Debao Property has seen strong volume over the past few days as it trades higher. Has broke the 0.040 resistance further today on top 10 volume and may consolidate below 0.050 for the time being given the huge surge. Any further breakout above 0.050 can see it trade to find a new higher towards 0.070 then 0.076. Raise stop loss to 0.047 on a convincing breakout and can ride further. At current level, the 20 day MA line has reversed upwards and on the verge of crossing above the 100 day MA line which can led to a trend reversal. All 3 indicators reversing upwards firmly on yesterday’s price actions and momentum can continue further above 0.050 KEY RESISTANCE now. Watch the impending breakout.

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