Follow UP************** Hong Fok: Consolidating in wait of next up move..... Accumulate on dips... price 0.905.

Following up from previous post, Hong Fok has traded to a high of 0.95 last week before a slight pull back seen on profit taking….. Current support would be around the 0.88 to 0.89 level. Can consider accumulating on dips for those that have already taken profit earlier above these supports. A break above 0.95 can see it go to 1.00 fast. Have been consolidating followed by a breakout each time, uptrend still intact. Raise stop loss to 0.865 now and continue to ride the upticks.   Enjoy  J

Sent: Thursday, May 22, 2014 10:54 AM
Subject: REPOST ************** Hong Fok: Potential rebound back up....... At 0.805 now (AT 0.835)

Follow up from previous call. May test 0.84 soon and any breakup above it can be positive again still….. Can consider if breakout does occur or can accumulate on dips above 0.80!

Sent: Tuesday, May 20, 2014 4:50 PM
Subject: **************** Hong Fok: Potential rebound back up....... At 0.805 now

Entry: 0.800 to 0.805

Target: 0.84 then 0.90

Stop loss: 0.775

Reason: Break up above psychological 0.800 resistance and also the 20 day short term MA Green line again. MACD on the verge of a bullish crossover which can signal a rebound back up to recent high at 0.84.  A break above 0.84 can see it trade to 0.900…..