Tuesday, March 25, 2014

*************** FOLLOW UP: Memstar, broke 0.140 resistance as mentioned previously........

Following up from previous BUY CALL. Memstar has indeed tested the 0.140 faster than expected and has cleared it today with a high of 0.144. Support would form at 0.140 at the moment and next target would be at 0.150 strongly. Likely to consolidate from 0.140 to 0.145 in view of the huge surge over the past few days before any direction. Can consider averaging up again in new consolidation phase and raising stop loss to 0.137 now.
 

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