Thursday, July 25, 2013

******* Upward momemtum still intact: OKH Global. Share price 0.525.

Following up from previous call made on Monday 22 July 2013. OKH Global has indeed broke the 0.500 level and consolidated briefly from 0.485 to 0.53 before surging higher to a new high today. At the current 0.53 level, it is at an all time high but upside still no signs of abating. From when we made our first call on 27th June 2013 when it was at 0.39, it has been consolidating after each breakout only to break above a resistance and heading higher. Consistently above the 20 DAY MA (Green line) each passing day too. Good to accumulate on dips at near support to ride any rebound and more upside. Support now would be at 0.50. Target at 0.55 first followed by maybe 0.600.....
Stop loss 0.485.

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