BREAKDOWN OF support seen today, now at 0.018 !! Where to now ?
Sent: Wednesday, March 11, 2015 11:52 AM
Subject: ****************** Potential Breakdown: Charisma Energy - Support at 0.020 key, downtrend intact, CFD SELL - price 0.021
Subject: ****************** Potential Breakdown: Charisma Energy - Support at 0.020 key, downtrend intact, CFD SELL - price 0.021
Charisma Energy has traded in the range of 0.020 to 0.024 over the past 1 week but forming lower lows on each trading day. All 3 moving averages still surging downwards, careful long positions below 0.020 support. Can head towards 0.016 then 0.010 eventually which was the level in October 2012. CFD SELL to ride the downside further on a breakdown.
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