Rowsley: A Series of Buy calls last week, then more upside this week..... high at 0.196 today....

A further breakout?

Sent: Friday, October 02, 2015 3:49 PM
Subject: ******* Rowsley: Consolidating after breakout... price 0.182, More upside still likely above 0.180 support now.

From yesterday’s call, we have indeed seen a clear move above the 0.177 resistance level and an upside breakout. Has hit a new high at 0.185 on above average volume which can signify strength. May start to consolidate from 0.180 to 0.185 for now before it pushes higher and touch next target at 0.190 then 0.200. At current levels, have broke above the 200 day MA line which can signal a trend reversal in the longer term at an initial phase. 20 day MA also reversing strongly and on the verge of a crossover of the other 2 MA lines.

Sent: Thursday, October 01, 2015 12:46 PM
Subject: ******* Rowsley: consolidating after huge breakout... price 0.176

Following up from previous buy call, we have indeed seen Rowsley headed up to our target at 0.170 then 0.175. Over the past few days, we have seen some consolidation from 0.170 to 0.177 as it slows down the ascend. Temp support would be at 0.168 – 0.170 now and there can still be more strength above the 0.175 – 0.177 resistance. MACD still showing strong momentum above the zero mark and can see momentum continue above 0.180 psychological resistance further. 20 DAY MA line has reversed and still sloping upwards. Let’s watch. Target to 0.190 then 0.200 on a breakout.