Thursday, February 14, 2013

Short Term Trading Buy: Stratech. Share price at 0.024

Has been trading below the 0.023 critical resistance level from May last Year till now. Tested a total of 8 times before breaking out today. A very short term trade to ride on the penny stocks interest.

A strict stop loss 0.021. As long as 0.023 remains as the new support level, possible to head higher to test 0.0300. A break above 0.03 can pave the way to 0.036 which was the high set in April last year. Top 30 volume seen currently.

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