Monday, April 6, 2015

Vallianz - What a breakout seen today? price 0.057

Were you notified last week when it was consolidating quietly above 0.050 ?  - Contact us to be notified live !

Sent: Monday, March 30, 2015 12:33 PM
Subject: ********************* Vallianz - Consolidation seen after huge surge, price 0.052
Vallianz is still see strong volume with support at 0.048 - 0.050 for now. Range is still from 0.050 to 0.055, there can still be more upside to 0.060 if 0.055 clears out. A further breakout above 0.060 can be a positive to take it higher to 0.070. As long as 0.050 holds as the support, there can be room for rebound if oil prices were to rally further. Stop loss at 0.047 for long positions. Watchlist for a further breakout.

Sent: Friday, March 27, 2015 9:43 AM
Subject: ********************* Vallianz - Consolidation seen after huge surge yesterday, price 0.053
Following up from yesterday’s call, we have indeed seen Vallianz break above the 0.050 yesterday afternoon and headed to a high of 0.054. Today we have seen a slight retracement which is normal after a huge surge in one day. It can consolidate from 0.050 to 0.054 for a few days before more directions seen so short term upside in place still above 0.050 support. Clearing 0.054 – 0.055 can see it head towards 0.060. Note that trend in the longer term is still downwards with longer term MA line still pointing lower.

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