Tuesday, April 21, 2015

Civmec - BREAKOUT AS SPOTTED YESTERDAY - price 0.525

Has even crossed our first target at 0.500 today on top 20 volume, where to now? Were you notified later ? why not get it live ?

Sent: Monday, April 20, 2015 4:32 PM
Subject: ********************Potential Breakout: Civmec - reversal in progress above 0.45, price 0.465
May start to see some movement upwards if it can stay above 0.45 support now, has been trading below this level since last month and have seen a breakout last Friday. Clearing sellers at 0.47 – 0.475 can be a further confirmation. 20 day MA line in the process or reversing upwards and more upside as long as 0.45 holds as the support level, target to 0.50 then 0.60 in the short term. Stop loss at 0.435 for now. MACD has shown a bullish crossover with it turning positive, can expect more buy momentum to continue above 0.500 resistance. RSI also looking positive after the consolidation phase.

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