Thursday, November 20, 2014

*************** Mirach Energy: Nearing next support as mentioned last week and this Monday.... price 0.132

Should you continue to sell still? More downside?


Sent: Monday, November 10, 2014 4:48 PM
Subject: ********************* Mirach Energy: AGAIN Nearing support level at 0.138, rebound or breakdown, note the levels... price 0.140
From previous rebound call, Mirach did rebound to a high of 0.154 last week before dipping again on a weak market. IT IS AGAIN NOW back to its support at 0.138 – 0.140. Note that this final support at 0.138 is quite crucial and any breakdown from this level can be quite negative. Was above above 0.138 for the whole of this year. Those looking for any rebound can consider accumulating AGAIN around here but stop loss at 0.136 for any long positions. Target for long positions would be to 0.150 then 0.154 then 0.160. Would open CFD sell positions if 0.138 support does not hold.

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