Tuesday, October 20, 2015

Debao Property: Pushing higher as volume maintains.......

Heading towards our 0.058 target? Congrats to clients who got in this morning  ;) now at 0.056


Sent: Tuesday, October 20, 2015 11:11 AM
Subject: ************** Debao Property: Breakout above 0.045 - 0.048 resistance a short term positive, price 0.050
After hitting a low in Aug, Debao Property has ben trending up slowly over the past 2 months and support above the upward sloping channel support line. Today we have seen a breakout above the 2 months consolidation phase and a trade above 0.050 now can open the way to 0.058 – 0.060 first.. 20 DAY MA has started to reverse on this move with MACD pulling away from the zero mark positively. As long as 0.048 – 0.050 holds as the support now, short term bullish trade opportunity.

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