Wednesday, April 8, 2015

SIIC Environment- A Series of buy calls, more upside still ? - now 0.179

Nearing our target again as mentioned to clients last week. Can it cross 0.180, now 0.179

Sent: Monday, March 30, 2015 9:27 AM
Subject: ********************* Upside strength: SIIC Environment- Breaking above 0.170 further will be a key positive and rebound, price 0.171
For SIIC Environment, may still push higher if it can break above 0.172 temp resistance level with target to 0.180. Volume still remains strong with 20 day MA line reversing upwards firmly almost staging a crossover with the 100 day MA line positively.

Sent: Friday, March 27, 2015 12:18 PM
Subject: ********************** Upside strength: SIIC Environment- Breaking above 0.170 further will be a key positive and rebound, price 0.169
Siic Environment has traded above 0.160 level and today we have seen a breakout above 0.166 temp resistance level. Seems likely to head towards 0.170 with support at 0.165 for now. Further upside likely above 0.170 psychological resistance to 0.180 target. At current levels, has broke and pulled away positively from all 3 moving averages in strength and upside still good to go above 0.165 – 0.166. Raise stop loss to 0.168 on a further breakout above 0.170.


Sent: Wednesday, March 25, 2015 3:16 PM
Subject: *********************** Upside strength: SIIC Environment- Breaking above 0.160 further will be a key positive and rebound, buyers entering on dips above 0.150 seen, price 0.165
Breakout seen above0.160 indeed as per morning call. Support would now be at 0.160. As long as it stays above, still room to go but may find a temp resistance around the 0.166 – 0.170 level before it consolidates again. At current levels, quite a clear breakout above the support turned resistance level with it pulling away from all 3 moving average positively.

Sent: Wednesday, March 25, 2015 9:36 AM
Subject: *********************** Upside strength: SIIC Environment- Breaking above 0.160 further will be a key positive and rebound, buyers entering on dips above 0.150 seen, price 0.158
From previous note, SIIC still consolidating from 0.150 to 0.160 for almost 2 weeks already. And today we have seen a rebound from its 0.150 support again as it heads towards 0.160 to attempt a further breakout. Any clear breakout above 0.160 can pave the way to new upward phase to 0.170 then 0.180. Can consider accumulating on dips above 0.149 – 0.150 with stop loss at 0.147. J Watch for a potential breakout, can average up to ride the upside further while raising stop loss to 0.157.

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