Tuesday, April 15, 2014

*****************Centurion: Uptrend in place...... More upside on Breaking of 0.800 resistance..... (Buy on Dips, prepare for breakout)

Centurion has indeed neared the critical 0.800 psychological resistance level, with a high set 0.795 over the past 1 week. Likely to consolidate from 0.76 to 0.800 before breakout above 0.800 seen. Can accumulate on dips or average up on break out above 0.800… Monitor for breakout, can continue to hold and ride the uptrend, raise stop loss to 0.74 now.
 

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