New high seen today at 0.124!! CONGRATS to clients who chose to take some profit too…..
Sent: Monday, November 09, 2015 9:17 AM
Subject: *********** Spackman: May attempt a further move above 0.100.. price 0.100
Subject: *********** Spackman: May attempt a further move above 0.100.. price 0.100
From previous call, we have indeed seen a move towards the 0.100 psychological resistance level on top 3 volume. It may attempt a move above this level again with next target at 0.110. MACD still pointing upwards firmly with more room to the rebound if it can stay above 0.100 now. Raise stop loss to 0.097 higher on a convincing breakout again.
Sent: Friday, November 06, 2015 9:13 AM
Subject: ********* Spackman: Breakout seen above next resistance as momentum continues... price 0.091
Subject: ********* Spackman: Breakout seen above next resistance as momentum continues... price 0.091
Following up from yesterday’s call, we have indeed seen a move towards the 0.090 psychological resistance level today on top 5 volume. A breakout is seen and there can be more upside if manages to stay above 0.090 now. Stop loss can be raise to 0.088 to protect profits and continue to ride any upside towards 0.100 then 0.11
Sent: Thursday, November 05, 2015 10:11 AM
Subject: ********* Spackman: Consolidating before next move, uptrend intact above 0.076, price 0.083
Subject: ********* Spackman: Consolidating before next move, uptrend intact above 0.076, price 0.083
Spackman has been supported above the 0.076 – 0.080 support level over the past few days after after hitting a high of near 0.090. Have broke above 0.076 resistance then headed back down to retest the new resistance number turned support before rebounding from it again. As long as 0.076 - 0.080 is a support, we can still expect more upside with a potential breakout above 0.090 next. 20 day MA line still sloping upwards currently and it has also crossed and stayed above the 100 day MA line which can signal a trend reversal in the mid term finally. MACD positive above the zero mark and momentum can continue above 0.090 further.
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