CLIENTS WERE INFORMED LAST WEEK before breakout seen, NOW AT 2.21 !
Sent: Wednesday, April 09, 2014 2:59 PM
Subject: ********************* Utd Engineers: Stock to Watch.... Uptrend only just begun ? Monitor for breakout first !
Subject: ********************* Utd Engineers: Stock to Watch.... Uptrend only just begun ? Monitor for breakout first !
Can put this counter into your watch list for a potential breakout. Has been consolidating below 2.12 level for about a month after breaking above 1.90 last month… More upside if the 2.11 to 2.13 sellers get taken out and we can see it test 2.20 then 2.30 fast (using previous breakout strength). Has only just crossed above the 200 DAY MA (long term trend line) about a month ago which can signify a trend change upwards in the mid to long term.
Stop loss at 1.98
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