From previous few USP Group buy calls, still good to go now? Can it touched 0.100 as emailed previously?
Sent: Friday, April 10, 2015 9:29 AM
Subject: ******************* Bullish Setup: USP Group - Breakout spotted above 0.080 further, Poised for more upside still, raise stop loss, price 0.082
Subject: ******************* Bullish Setup: USP Group - Breakout spotted above 0.080 further, Poised for more upside still, raise stop loss, price 0.082
From last week Bullish breakout call, USP Group has indeed traded higher each day and finding a new high as it pushes upwards. Have hit out first target at 0.080 today and even broke above, raise stop loss to 0.078 and can still average up to ride the upside further to 0.090 then 0.100. Quite a large gap to clear on this breakout seen today above 0.080 on top 30 volume. As long as 0.080 is a new support, it can consolidate above awhile before pushing higher.
USP Group has cleared above the 0.070 CRITICAL resistance which it has traded below since Feb last year, this can open the way to more upside if it were to stay above in the coming days to 0.080 then 0.090. 20 DAY MA line surging upwards firmly and has crossed above both the 100 and 200 day MA line as highlighted over the past month in a sign of ore strength to come and a trend change. MACD indicator still staying above positive territory with momentum to cotiune especially if it were to maintain above 0.070 new support now, short term speculative play with stop loss at 0.067.
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