Friday, September 25, 2015

Nam Cheong: Explosive breakout caught on Wednesday, price 0.184 now

Did you managed to get in on TIME? More upside still? 

Sent: Wednesday, September 23, 2015 9:15 AM
Subject: *********** Nam Cheong: Breakout Spotted above 0.160 convincingly.... price 0.165
Nam Cheong has traded below the 0.160 psychological resistance level for about a month and today we have seen some actions live as it attempts a breakout above the 0.160 level. Staying above now can see more strength as it trades higher to find a new consolidation phase. 20 day MA LINE reversing with prices maintaining above it for the past few days a positive. MACD showing a bullish crossover and heading towards the zero mark soon. RSI AND Stochastic both turning upwards too. Target to 0.170 then 0.180 first. Huge gap to cover with the recent losses. Stop loss at 0.157 for now.

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