StratechGroup: Rebounding further from support... price 0.065

Can it breach the 0.070 psychological resistance eventually ?

Sent: Wednesday, 26 August, 2015 4:07 PM
Subject: ******** StratechGroup: Support at 0.055 holding for now. price 0.061

StratechGroup has managed to find some support at the 0.055 level over the past week which seems to be holding well. Next support after 0.055 would be 0.050 which is a critical level to watch too for any technical rebound, this was originally the resistance it broke out from last month. Resistance at 0.070 should hold given market weakness over the past few days. Those looking to trade the range can consider buying near 0.055 support for any rebound. Stop loss 0.053 then 0.047 for any long positions nevertheless.