Wednesday, April 13, 2016

Cordlife: Did anyone catch the rebound like we had last month??? now at 1.485

A further push up from yesterday’s call again….. will the 1.50 get out of the way too today?

Sent: Tuesday, April 12, 2016 2:30 PM
Subject: ************* Cordlife: Upside momentum can continue above 1.45.... price 1.455
From previous, we have indeed seen a strong reversal upwards after the sell down seen last month. A strong uptrend seen over the past 2 weeks and today we have seen it push higher again above the 1.45 resistance level. Target to 1.50 then 1.60 with 1.44 - 1.45 as the support for now, for those who have already accumulated on dips previously as mentioned, raise stop loss upward to protect profits and continue to ride the reversal. J

Sent: Tuesday, March 1, 2016 10:12 AM
Subject: ************** Cordlife: Sell down amidst longer term uptrend.... Potential reversal upwards, watching... price 1.405
Cordlife has traded lower over the past 1 month after hitting a high of 1.70 in Jan. It is now back to the support which seems to be holding well all along which is the 100 day MA red line. May start to see a reversal soon but more price action confirmation needed, probably on a move above the 1.44 – 1.45 level at least for now. Those who have sold at the top and want to accumulate on dips again can start to look for an entry again. You can see that since July last year, it has staged a firm rebound each time it traded below and consolidated below the 100 day MA line for a while. Watching for the right signal J

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