Call issued on Email this morning followed by A BREAKOUT !! More upside ? AT 1.53 now….
Sent: Thursday, September 17, 2015 10:47 AM
Subject: ********* Osim: Potential Breakout above 1.50.... watchlist, price 1.495
Subject: ********* Osim: Potential Breakout above 1.50.... watchlist, price 1.495
Osim has broke below the 1.50 support level in August before finding a support at the 1.40 level. The original support at 1.50 has now turned resistance and we are see some move towards this level. Any firm breakout above 1.50 can open the way to 1.60 then 1.80 as it recovers some lost ground. However, note that dominant trend still down and this may only be as short term rebound where one can take profit. Staying above 1.50 – 1.51 can start to see more buyers coming back in. Stop loss at 1.485 on a clear breakout to ride the upside.
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