Monday, September 2, 2013

******* Trading BUY: Rowsley. Share price 0.51. (Too fast, broke critical 0.50)

Rowsley has cleared the critical 0.50 resistance level just now with people grabbing 0.505 to 0.51 real fast. Resistance at 0.53 now which was the high set in March 2013. A break above this level can see it push higher further to find a new high to 0.600 probably. Those who did not get in on time can consider accumulating if it dips above the 0.500 support level now. As long as 0.500 is the new support, we are bullish with short term target at 0.55 then 0.60.
Stop loss at 0.49.

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