Thursday, November 5, 2015

Halcyon Agri: More upside after breakout spotted yesterday ?

Touched a high of 0.735 today before some profit taking, Congrats to those who have taken profit.

Sent: Wednesday, November 04, 2015 9:27 AM
Subject: ************* Halcyon Agri: Breakout seen above 0.71 can offer more upside... price 0.705
Halcyon Agri has been trading below the 0.700 psychological resistance for more than a month and has formed higher lows which is a positive sign. Any clear breakout above the 0.71 level can start to seem more action as volume increases. Strong volume seen yesterday on the buy up with a follow through today can mean something, let’s see. MACD above the zero mark where momentum still positive. Target would be to 0.75 then 0.85.

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