China Fishery - A series of potential upside calls last week, price 0.235

Can it stay above 0.200 now, where to?

Sent: Friday, May 15, 2015 10:01 AM
Subject: ******************** Potential Upside: China Fishery - Clearing above 0.21 - 0.215 can lead to a recovery back to 0.25 fast, price 0.22

Has kind of cleared above the 0.215 temp resistance level, there can be more upside from here if it can hold above the 0.20 – 0.21 new support level. And we can expect a short term upside to 0.25 then 0.30 as mentioned previously. At current level, note that it has also crossed above the 100 day LONGER TERM MA line so this too can signal a trend reversal. 20 day MA line pointing upwards firmly as it continues its uptick on strong volume buy ups with MACD momentum still positive.

Sent: Tuesday, May 12, 2015 9:58 AM
Subject: ********************* Potential Upside: China Fishery - Clearing above 0.21 - 0.215 can lead to a recovery back to 0.25 fast, price 0.205

China Fishery has been consolidating above the 0.185 support level for about a month and today we have seen it attempt to test the 0.21 – 0.215 resistance level that has formed over this period. Top volume seen currently as it attempts a breakout and more confirmation needed on clearing of 0.21 – 0.215 resistance level. Target would be to 0.25 in the short term then 0.30.  Stop loss at 0.196 for any short term trade on a convincing breakout. Let’s watch !