Tuesday, August 4, 2015

StratechGroup: A Series of Buy calls as it cleared above the 0.050 last week, more upside? now at 0.068

High seen today at 0.068, let’s see if the 0.070 clears out too…..

Sent: Monday, August 03, 2015 9:35 AM
Subject: ******** StratechGroup: Consolidation after the breakout last week, more upside not ruled out above 0.066. price 0.063
Following up from previous call, StratechGroup seems to have found a support around the 0.058 – 0.060 level. Resistance would be at 0.066 which was last week higher before retracing on profit taking. May start to consolidate from 0.060 to 0.066 before more upside now with 20 day MA line also starting to reverse upwards. MACD and Stochastic indicators look healthy with more legs to the rally still possible above key support levels.


Sent: Thursday, July 30, 2015 10:37 AM
Subject: ******** StratechGroup: Breakout spotted above critical 0.060 further.... this would be new support
Today we have seen it break above the 0.060 resistance level too on top volume. Strong buy ups seen as it crosses 0.060 which can suggest buying momentum continuing. Raise stop loss to 0.058 to protect profits for those who manage to accumulate more positions yesterday. Target to 0.070 then 0.080. May start to consolidate after hitting a new high before more direction. All 4 indicators still looking positive with more legs to the rally WITH MACD momentum indicators trending upwards above the zero mark.


Sent: Wednesday, July 29, 2015 4:22 PM
Subject: ********** StratechGroup: Breakout spotted above critical 0.050 as mentioned.... more upside from here.
As per previous few calls, have seen a convincing breakout above 0.050 today on strong volume. This could lead the way to more strength above 0.060. May start to push up further from here with it breaking above the sideways consolidation phase since April. As long as 0.050 is a support now, we are short term bullish with a new upward trend in place and a Bullish Ascending Triangle pattern breakout spotted too. Raise stop loss along the way to protect profits.   J

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