30% Gain in a day, Congrats to clients who took profit already !
Sent: Thursday, October 22, 2015 10:17 AM
Subject: ************ Informatics: Move above 0.040 a positive.... price 0.042
Subject: ************ Informatics: Move above 0.040 a positive.... price 0.042
Informatics has staged a breakout above the 0.040 psychological resistance level today on TOP 10 volume. This level also coincides with both the 100 and 200 day MA line and moving above can prove to be a trend reversal over the long term if it can manage above 0.040 now. Has been trending downwards since April before forming a Bullish Rounding BOTTOM pattern last month and finally a breakout move today. As long as 0.040 holds, we are short term bullish with target at 0.050 then 0.055. MACD has turned positive and RSI also trending upwards firmly with more room for the rebound likely.
No comments:
Post a Comment