More upside from here again….. where to now?
Sent: Friday, April 08, 2016 9:41 AM
Subject: ************** Innovalues: Testing 1.00 resistance, price 0.995, congrats
Subject: ************** Innovalues: Testing 1.00 resistance, price 0.995, congrats
From yesterday's call, we have indeed seen a move towards the 1.00 key psychological resistance level today. It may faced some profit taking and selling pressure as it nears the 1.00. Support would be raised to 0.95 – 0.96 now. Raise stop loss to protect profits. J Any firm move above 1.00 again can trigger more momentum to find a new high where can consider holding more long positions to ride the upside further.
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