Monitor closely Skyone. Currently testing 0.38 resistance level which it has been below for about 2 weeks. Today’s high is 0.38. Recent high was 0.47 on the 13TH Feb 2013 which has since sold down and consolidating currently. A break above 0.38 can see it test 0.400 in the near term. Near term support currently at 0.36 which it has stayed above for about 2 weeks already. Can consider a potential trade setup on the breakout of 0.38 and 0.400 psychological resistance level. Top 30 volume seen currently.
Stop loss at 0.355.
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