Monday, September 14, 2015

Cordlife: High of 1.45 today before some profit taking....

Still good to go from last week breakout call ?

Sent: Wednesday, 9 September, 2015 4:15 PM
Subject: ********* Cordlife: New high above 1.34 can start to see more strength.... price 1.37
Cordlife has traded higher over the past one week after breaking above the 1.20 psychological resistance level. It has just crossed above the 1.33 level which was the high seen in May this year. This can see more upticks towards the 1.40 then 1.50 as it surges higher to find a new high. MACD positive with both RSI and Stochastic starting to point upwards firmly. 20 day MA line has just crossed above the 100 day longer term MA line which can show that uptrend is regaining strength. Can average up on the further breakout above 1.40 now.

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