Friday, August 16, 2013

****** Trading Buy: OKH Global. Share price at 0.555. ( Broken out of Consolidation phase. More upside in near term!)

Following up from previous BUY call on 25th July 2013. OKH Global has consolidated from the 0.485 to the 0.55 level for about a month, and has finally broken above the 0.55 level today. Likely to head higher to test 0.600 in the coming days or weeks. As long as 0.55 is a new support, a rise towards 0.600 and 0.65 seems likely. Still trading firmly above the 20 DAY MA (Green line) support level and pushing higher on each consolidation phase. Can Ride the uptrend till it proves otherwise.
Stop loss at 0.53.

No comments:

Post a Comment