Monday, April 11, 2016

Cityneon: Pushing towards our next target??? now at 0.435

Uptrend seems to be still intact above 0.400….  J

Sent: Thursday, April 07, 2016 9:23 AM
Subject: *************** Cityneon: Breakout upwards seen on uptrend counter.... price 0.42
Cityneon has consolidated below the 0.400 resistance level for about a week and today we have seen a firm move above this resistance on more than 2 times above average volume. This can open the way to more upside towards 0.46 then 0.50 next. 20 day MA above both the longer term MA, a short term bullish counter to ride as long as 0.400 holds now. Stop loss at 0.385 for any long positions to ride.

No comments:

Post a Comment