Tuesday, January 29, 2013

Trading Buy: Sin Heng. Share price 0.275.

It has staged a breakout of the 0.265 resistance yesterday on strong penny stocks interest. Has been below 0.265 since May 2012 till yesterday. Currently at 0.27. A break above 0.300 convincingly can open the way to find a new resistance. Top 30 Volume currently.

As long as 0.265 remains as the new support, a rise to test 0.300 seems possible.

Stop loss at 0.24

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