Let’s watch if the 0.160 clears out as well, now at 0.160….. J
Sent: Tuesday, September 22, 2015 10:29 AM
Subject: ******** Rowsley: Convincing breakout seen, Bullish setup, price 0.155
Subject: ******** Rowsley: Convincing breakout seen, Bullish setup, price 0.155
Following up from previous call, have seen a breakout above the 0.150 level convincingly today on strong top 20 volume. Target to 0.160 now and there can still be more upside to 0.175 on a further breakout. MACD has crossed above the zero mark finally after 4 months which can see more momentum to find new highs
Sent: Wednesday, September 16, 2015 3:45 PM
Subject: ********* Rowsley: Further upside likely above 0.150 resistance.... Bullish setup, price 0.151
Subject: ********* Rowsley: Further upside likely above 0.150 resistance.... Bullish setup, price 0.151
Rowsley has staged a convincing recovery over the past few days and we have seen it touched the 0.150 psychological key resistance today with strong volume on the upticks. Has crossed above the 20 day MA line so trend could be turning in the short term. More confirmation needed if it can stay above new support now with a Bullish Rounding Bottom pattern spotted. Target to 0.160 then 0.175 which is the 200 day MA line. MACD reversing above the zero mark for the first time since May so we can start seeing momentum coming back above 0.150 closing. Stop loss at 0.147 for any long positions now.
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