Thursday, January 2, 2014

******* More upside possible on consolidation: Charisma Energy. Share price 0.082.

Charisma Energy has seen a strong push upwards since breaking above the 0.066 resistance a few weeks back. Support currently at 0.080 then 0.074. May see it take a breather and consolidate from 0.080 to 0.084 before more upside. A break above 0.084 can see it go to 0.090 and 0.100 in the short term. This 0.084 was the high over the past 1 week before dipping again. As long as 0.0800 holds as new support, still a positive counter in the short term.
Stop loss at 0.078.
 

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