Still good to go towards our 0.080 target? Now at 0.072
Sent: Friday, October 16, 2015 2:21 PM
Subject: ********* Spackman: Seeing a move above the 0.060 psychological on strong volume..... price 0.062
Subject: ********* Spackman: Seeing a move above the 0.060 psychological on strong volume..... price 0.062
Spackman has traded below the 0.060 psychological resistance level since August and have seem to have found a bottom around the 0.040 level. Today we have seen a breakout above the 0.060 level on top 10 volume which may see the end of the sideways consolidation phase.. Target to 0.080 then 0.100 with MACD also crossing above the zero mark on this breakout which can see momentum continue. Stop loss at 0.057 for any long positions
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