Friday, June 5, 2015

Medtecs Intl: moving above 0.070 today on strong volume which was out first target. Price 0.071

Congrats to clients who chose to take some profit too  J

Sent: Wednesday, June 03, 2015 9:34 AM
Subject: ******** Medtecs Intl: Breakout seen above 0.060 yesterday. Short term positive above this new support, price 0.066
Medtecs may start to consolidate above the 0.060 new resistance turned support level after staging a breakout yesterday. At current levels, it has just crossed above the longer term 200 day MA line which can signal a trend reversal. A Bullish Rounding Bottom Pattern spotted also with resistance at 0.060. More upside upon crossing immediate resistance at 0.065 – 0.066 now, with target to 0.070 then 0.080. Stop loss at 0.063 on a further breakout. Macd momentum indicators looking positive and surging upwards further especially if it can stay above 0.065 now.

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