Wednesday, January 13, 2016

Chiwayland Intl: Is there more upside to this Bullish Breakout? Call issued just now at 0.084 !

Even the 0.090 resistance got out of the way too…. Now at 0.092 J

Sent: Wednesday, January 13, 2016 9:10 AM
Subject: ***************** Chiwayland Intl: Breakout seen above 0.080 with Bullish Rounding Bottom spotted, price 0.084
Chiwayland has been consolidating below the 0.080 resistance since July last year and finally today we have seen a move above on top 5 volume. This can signal the start of some momentum coming back especially with it closing and staying above the 0.080 new support now. Target to 0.100 then 0.120 in the short term on this breakout. Stop loss can be at 0.078 for any long positions. As long as 0.080 holds, we are short term bullish with a Bullish rounding bottom pattern spotted and a break above the key psychological 0.080 level a positive.

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