Wednesday, May 21, 2014

*************** China Fibretech: Short term upside speculative play above 0.035 resistance.... With strict stop loss.... (0.033 now)

Entry: 0.036 to 0.037
Target: 0.040 then 0.050
Stop loss 0.033
Reason: Top volume breakout above 0.035, and subsequent clearing of sellers at 0.036-37 would be a positive breakout above consolidation since Oct last year. Short term speculative play to ride any momentum on this.

No comments:

Post a Comment