Tuesday, January 22, 2013

Short Term Trading Buy - Cordlife. Share price 0.615.

Yesterday closed above the critical 0.600 resistance level which it has failed to clear in Oct last year. Volume in TOP 20 currently following yesterday breakout which can signify interest. Upside in the short term to 0.65 possible. As long as 0.600 remains as the new support level, may head higher to find new resistance before consolidating again.

Put a stop at 0.59 nevertheless.


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