Tuesday, July 9, 2013

****** Impending breakout: Rowsley. Share price 0.45. (Watch the break)

Rowsley has been trading below 0.46 level for about 3 weeks and currently looking to test this critical resistance again. Rowsley has tested this 0.46 level for about 4 times but failed to cross above it. TOP 2 VOLUME SEEN CURRENTLY. If this 0.46 level get lifted, likely to see buyers rushing in to take it higher with a near term target to 0.500 first. Those looking for a breakout can consider accumulating along these levels. Can also average up on the break of 0.46.
Stop loss at 0.425 

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