Friday, June 19, 2015

StratechGroup: Are we seeing a breakout above 0.040 as mentioned last Friday?

Congrats to those who managed to accumulate some positions on dips. ;) now at 0.041

Sent: Friday, June 12, 2015 10:45 AM
Subject: ******* StratechGroup: potential breakout above 0.039 - 0.040, price 0.037
Stratech range is from 0.030 to 0.040 now after breaking below the 0.040 support few days back. Has been supported above the channel support line since April and uptrend can still be good to go if it can cross above the 0.040 psychological resistance level again. 20 day MA line still sloping upwards which also coincides with the 0.040 level. Can consider accumulating on dips above 0.030 provided the support holds with stop loss at 0.028 strictly. Crossing back above 0.040 can see it attempt a further breakout above 0.050 critical level.

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