Friday, October 23, 2015

Innovalues: Target hit ! More upside from here? price 0.76

Call issued after market opened yesterday (9.13am), and also an SMS….

Were you informed?  ;)

Sent: Thursday, October 22, 2015 9:13 AM
Subject: ************** Innovalues: Breakout attempt above the 1 month 0.68 resisatnce level may start to see some actions..... price 0.685
Innovalues has traded sideways for about a month below the 0.68 level with support at 0.62. Today we have seen an attempt to cross above this level with volume starting to pick up. May start to see it trade towards 0.70 then 0.74 if it manages to stay above 0.68 now. MACD still sloping upwards and about to cross above the zero mark. Let’s see if volume maintains and price follows through. Stop loss at 0.665 for long positions

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