FOLLOW UP ********************* Bullish Setup: JES Intl - Speculative play with strict stop loss..... price 0.096 (Repost - NOW 0.102)

Can JES stay above 0.100 support now ?  Let’s see…….. Breakout above 0.100 seen today on TOP 2 Volume currently.

Sent: Wednesday, June 11, 2014 9:43 AM
Subject: ********************* Bullish Setup: JES Intl - Speculative play with strict stop loss..... price 0.090

Jes has broken the 20 DAY Short term MA line since 2 weeks ago and has so far manage to trade above it firmly. There are 2 downward channel resistance line which it is currently near at and seems like a breakout above this KEY levels.  Range for the past week was about 0.080 to 0.090, possible to accumulate on dips near 0.080 support as long as it holds with stop loss at 0.077. However, note that it may not dip back to support level too as momentum and Volume seems to be strong with it rising towards the 0.095 Critical resistance level. Any break above 0.095 can pave the way to 0.100 then 0.12 fast. Raise stop loss to 0.092 if that happens. Stochastic and RSI are showing a bullish reversal at the moment but more confirmation needed on the break on critical horizontal resistance levels first.