Monday, April 6, 2015

Mirach Energy: Futher breakout above 0.065 possible

Breakout seen above 0.065 – 0.066 as predicted last Monday !

Sent: Monday, March 30, 2015 1:33 PM
Subject: *********************** Mirach Energy: Futher breakout above 0.065 possible, price 0.062
Following Mirach Energy strong run up last week due to oil prices spiking, it has kind of take a breather from 0.059 to 0.065 now. May consolidate awhile within this range before it heads higher if 0.065 – 0.066 clears out as well. Target to 0.070 then 0.080. Stop loss at 0.057 for any long positions nevertheless. Short term speculative play with strict stop loss. At current levels, it has crossed and maintained above the 20 day MA line and this can signal more momentum ahead as the short term trend changes to upwards.

No comments:

Post a Comment