Friday, March 7, 2014

************** Hankore: Testing 0.130 as mentioned previously.... can it clear now ?

Hankore has tested the 0.130 resistance this morning on  TOP 2 VOLUME….. Monitor carefully for more upside if the sellers at 0.131 and 0.132 get eaten up fast…. Can consider averaging up with target to 0.136 to 0.140.
Sent: Tuesday, February 25, 2014 12:36 PM
Subject: ************** Consolidating before Breakout: Hankore.... Monitor for break of 0.130 i surge of new HIGH.
Hankore is currently consolidating from 0.122 to 0.130 at the moment after seeing a fairly reasonable run up and a breakout of the sort term downtrend line as mentioned previously. More upside likely if the sellers at 0.130 and 0.131 get taken out and Volume remains strong. Currently at TOP Volume and high today at 0.129. DMG target price at 0.161. Those waiting for the break can consider accumulating within this range for more profit if it does happen. Average up on breakout can be done also and take profit from 0.136 to 0.140 first.
Stop loss at 0.119
Sent: Monday, February 17, 2014 11:40 AM
Subject: ************ May continue uptrend on breakout: Hankore. Share price 0.119.
Hankore has staged a strong breakout above the channel resistance downward sloping line last Friday. Quite a convincing breakout seen on Top volume previously. This could mean a reversal of the short term down trend. Next resistance to watch is the psychological 0.120 level which is also the high for today. At this price level it has also lifted above the 20 DAY Short term MA which can signal strong short term momentum. A break above 0.120 can pave the way to 0.125 which was the previous high in Jan last month. Lets see whether sellers at 0.120 get cleared out?

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