Spackman: TARGET HIT AT 0.140..... more upside from here towards 0.160?

What a RALLY, NOW AT 0.146 !  ;) Volume awesome…..

  

Sent: Monday, November 16, 2015 12:45 PM
Subject: ********* Spackman: Back to consolidation after breakout... price 0.125

Following up from previous BUY call, we have indeed seen a high of Spackman at 0.128 last Friday before some profit taking. Today, it has traded lower before rebounding again from the 0.120 support level. Range would now be from 0.120 to resistance around the 0.128 – 0.130 level. As long as 0.120 holds in the short term, we can still expect it to consolidate within this range for a potential move above 0.130 where we can expect a target of 0.140 then 0.165. Stop loss to be raised to 0.117 now to protect profits for those that has not taken profit yet. Those who have taken profit at the upper end of the range can also consider entry again near support with stop loss to ride the strong uptrend if 0.120 holds.

Sent: Friday, November 13, 2015 10:57 AM
Subject: ********** Spackman: Breakout spotted yesterday with new high, may consolidate upwards, short term trend intact above 0.110 now....

Following up from previous few BUY CALLs, we have indeed seen a breakout above the 0.110 KEY resistance on strong volume yesterday. Today it has even surge higher before some profit taking. Short term trend still position above the 0.110 level where it may also retest it before heading higher. A further breakout above 0.126 can pave the way to 0.140 then 0.165 eventually. At current levels, it has also crossed above the 200 day longer term MA line which can show that trend reversal in the longer term is taking shape. MACD positive still with strong volume seen on the rise.