BREAKOUT SEEN TODAY INDEED, where to now? Were you notified ?
Sent: Thursday, March 12, 2015 3:32 PM
Subject: ******************** Potential breakout: SIIC Environment- Breaking above 0.150 will be a key positive and rebound, price 0.146
Subject: ******************** Potential breakout: SIIC Environment- Breaking above 0.150 will be a key positive and rebound, price 0.146
From previous sell call, SIIC, has headed lower than consolidated for more than 3 months sideways before seeing some reactions today. Has broke above the 0.140 temp resistance today which is a good step for more upside. Range would be from 0.140 to 0.150 now and may consolidate slightly before staging a breakout above the 0.150 psychological resistance level. We can then expect it to trade to 0.160 then 0.180. a Bullish rounding bottom chart pattern seen with resistance at 0.150 also.. note the levels. 0.150 also coincides with the 100 day MA line which can lend some resistance at the moment, but above that it is good for a rebound.
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