Bullish Setup: China Env - out of 0.150 consolidation region can be a good sign of rebounding, price 0.153

Heading towards our first target ? Now 0.159 !

Sent: Thursday, March 26, 2015 12:19 PM
Subject: ***************** Bullish Setup: China Env - out of 0.150 consolidation region can be a good sign of rebounding, price 0.153

China Env has consolidated below 0.150 for more than a week after our previous sell call where it headed to a low of 0.136. Today we have seen a clear breakout above the 0.150 psychological resistance level on top 30 volume which can see it retrace back to 0.160 then 0.180. Mainly a short term speculative play with strict stop loss at 0.148.