Following up from previous call made to clients last week, OKH has indeed tested the 0.600 today with a high at 0.605. More confirmation needed for this breakout. The clearing of sellers at 0.605 and 0.61 will serve as a confirmation of strength in the short term. Target to 0.65 then 0.700. Let’s see…. May be within the next few days…. Volume should be higher above 6m shares too..
Move Stop loss up at 0.585
Sent: Tuesday, March 04, 2014 1:03 PM
Subject: ********** Potential trade opportunity: OKH Global. Share price 0.58.... ( More upside on the break of 0.600....)
Subject: ********** Potential trade opportunity: OKH Global. Share price 0.58.... ( More upside on the break of 0.600....)
OKH Global has cleared immediate resistance at 0.58, seems likely to test 0.600 for more confirmation of upside momentum. A BREAK above 0.600 can see it go to 0.64 then 0.700. A series of higher lows has been forming since Dec which can signal some upward consolidation on strength.
Stop loss at 0.55.
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