Tuesday, May 14, 2013

** Short Term Trading Buy: Dukang. Share Price: 0.465.

Dukang has tested the 0.45 level yesterday but failed to break. Has seen Top 20 volume today and it broke the 0.45 level, currently at 0.46 level. More of a short term trade with tight stop loss. As long as 0.45 holds as new support level, upside to 0.500 can be possible in the short term. A break above 0.500 can see it go to 0.600 while consolidating. Possible to enter into long positions from 0.45 to 0.46 level and trade to near 0.500 profit level.
Stop loss tight at 0.44. 

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