Follow UP ********************** Sunvic Chemical: Potential rebound on break above 0.53.... range trading in wait of more direction..... price 0.515 (DID HAPPEN - NOW 0.545)

Potential Rebound call for Sunvic SPOTTED 2 WEEKS AGO, were you informed ? What stock next ?

Sent: Thursday, June 26, 2014 12:33 PM
Subject: *********************** Bearish Setup CFD SELL: Sunvic Chemical - Broke immediate support. at 0.53..... Poised for more downside...... price 0.52

CFD Sell Entry: 0.52 to 0.525

Target: 0.50, 0.465 then 0.40

BUY Stop loss: 0.555

Reason: Broken immediate support at 0.53 that has supported well since last month. At current levels, it has also just broke below the 200 DAY MA long term support line and can also signal more downside. Stochastic and RSI still showing weak signals sloping downwards progressively and more downside can be possible if it does not climb back up above 0.55.