Monday, May 25, 2015

StratechGroup - Breakout spotted above 0.045.

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Sent: Thursday, May 21, 2015 9:22 AM
Subject: *********** StratechGroup - Consolidation above 0.040 still can lead to more strength, price 0.042
Following up from yesterday potential breakout call, we have indeed see a breakout above the 0.040 thereafter. Range would now be lifted upwards from 0.040 to 0.044 where we may see it trade sideways given the huge surge seen yesterday. This 0.040 level would serve as a new support now and as long as it holds, there can still be more upside after a minor consolidation. Clearing above 0.044 – 0.045 can see it trade to test the 0.050 fast. 20 day MA line still sloping upwards firmly and short term uptrend still intact above 0.040 in our opinion. Congrats to those who have chose to take some profit already yesterday. Can consider accumulating on dips near 0.040 with stop loss at 0.038 now.

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