Following up from Previous call made last Friday 31st May 2013. Halcyon has indeed tested the 1.00 critical psychological resistance together and broke out convincingly. Currently at 1.03. Can consider to accumulate some on dips for those who have already made an exit at a reasonable profit. Support would now be 1.00 strongly. As long as this 1.00 holds in the near term, still a bullish stock to accumulate. Upward momentum don look like it’s going to stop anytime soon. Short term target now at 1.10. Might consolidate awhile like we have seen previously before testing resistance again.
Stop loss at 0.985 nevertheless.
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