Thursday, April 21, 2016

Rotary Engg: Breakout did happened yesterday after call issued..... now at 0.43....

Still good to go???

Sent: Wednesday, April 20, 2016 9:19 AM
Subject: *********************** Rotary Engg: Potential Breakout above 0.400.... Upside momentum release on a firm clearing... price 0.395
Rotary Engg has traded below the 0.400 support turned resistance since August last year and today we are seeing some actions again as it approaches this key psychological resistance level on more than 8 times above average volume. Note that any clear move above can see an end to the sideways consolidation confirming a bullish double bottom pattern. Target to 0.45 then 0.50 on this move, in watchlist. Alerts set.

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