Friday, October 31, 2014

******************** Innovalue: as predicted, downside first followed by rebound yesterday.... Can it cross 0.43 now ? NOW 0.425

Clients were alerted by EMAIL AND SMS yesterday morning, are you a part of it yet ?


Sent: Wednesday, October 15, 2014 10:16 AM
Subject: Follow Up ********************** Innovalue: Support at 0.400 did not hold... price 0.39, may see some weakness first before rebound...
From previous BUY call, Innovalue did break above 0.400 convincingly and went to a high of 0.43 before consolidating within this range for more than a week. Today we have seen the breakdown of this support which can open the way to some weakness in the short term. Downside target can be to 0.36 then 0.325 before we may see a technical rebound from this levels. Protect long positions below 0.400 resistance.

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