Friday, September 13, 2013

********* Trading Buy: OKH Global. Share price at 0.71. ( Supported above 0.700, still good to go......)

Following up from BUY Trading call made 2 DAYS back. OKH Global has indeed broke above the 0.700 resistance level yesterday faster than expected after consolidating for a mere 3 days below it. More upside can be possible again on this new resistance level breakout. Near term target possible to 0.74 to 0.75 first. As long as 0.700 holds as a new support now, a rise towards 0.75 then 0.800 seems likely. Continue to ride the uptrend till it proves otherwise. Increase Trailing stop loss upwards to 0.69. You can see that upward momentum has been going strong after each consolidation breakout. Still a buy in our opinion unless support breaks down.
Stop loss at 0.685 now.

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