Monday, March 28, 2016

Parkson Retail: Breakout spotted at 9.07 am above 0.185 live.... first Target hit.... price 0.200....

More upside from here again????  J

Sent: Monday, March 28, 2016 9:07 AM
Subject: **************** Parkson Retail: a move above 0.185 resistance a short term positive. More upside above, price 0.188
Parkson Retails has kind of broke above its 2 months consolidation phase on strong volume again today. As long as 0.185 holds as the immediate support, we can expect a trade towards 0.200 first before some profit taking and maybe even a further breakout.  Has been consolidating sideways below the 0.185 resistance and finally a cross above today. Watching closely to ride further above 0.200…. Stop loss can be at 0.182, raise stop loss to protect profits above 0.190

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