Thursday, June 6, 2013

*** Broken KEY resistance Yesterday: JiutianC. Share price 0.116. (Could this be another Dukang or Halcyon?)

JiutianC currently in TOP 10 Volume has staged a  breakout of the 0.11 level yesterday. Still managing to stay above this new support level today and even hitting a high of 0.123 today.  Possible to see it trend higher as long as this 0.110 remains as new resistance turned support. It might consolidate a while before break 0.120 and finding a new high. A more speculative play so be cautious and discipline if you have positions locked in. A break above 0.125 can see it test 0.130 quickly.
Strict Stop loss at 0.107. 

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