Tuesday, January 7, 2014

********* Monitor Closely for Breakout: RH Petrogas. Share price 0.63.

Rh Petrogas is currently testing the immediate support turned resistance at 0.63, 0.635. A break above 0.635 can see more upside to 0.65 then 0.700. Ascending Triangle pattern seen since mid Nov 2013 with resistance at 0.63. Volume still relatively low at the moment but a breakout on high volume might see momentum taking it higher.
Stop loss 0.595.
 

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