Are we seeing it happen now? Price at 0.405
Sent: Tuesday, May 05, 2015 9:16 AM
Subject: ************************* Potential breakout: Ramba Energy - Next resistance at 0.400 key for more upside. price 0.37
Subject: ************************* Potential breakout: Ramba Energy - Next resistance at 0.400 key for more upside. price 0.37
Ramba has staged a strong breakout above the 0.34 consolidation resistance yesterday and today we have see it surged higher, likely to test the 0.400 psychological resistance in the coming days. Any breaking upwards above 0.400 can open the way to 0.45 then 0.50. Technical indicators looks positive as per yesterday’s price action but may also consolidate from 0.36 to 0.40 before more direction given the huge run. Stochastic indicator finally reversing upwards after trending lower since 2 weeks ago with 20 day MA line on the verge of crossing above the 100 day MA line suggesting a change in trend upwards. Watch List.
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