Wednesday, October 2, 2013

******* Trading Buy: Oakwell. Share price 0.110. (Can it stay above 0.110 now ? if YES, Ride the momentum and uptrend )

Oakwell currently at TOP 2 volume is currently testing the 0.110 critical resistance level which it has attempted last week to cross over but failed. Can see more upside to  0.115 to 0.118 if the 0.111 and 0.112 level clears out now. Has been consolidating about a week below 0.110 already and finally some interest with volume seen today again. Consistently above the 20 DAY MA (Green line) since Aug 2013 and uptrend in the short term still intact. As long as it stays above 0.110 in the coming days more short term upside, target to 0.120 finally.
Stop loss at 0.107
 

No comments:

Post a Comment