Now at 0.107... More upside above 0.110?
Sent: Thursday, 24 December, 2015 9:46 AM
Subject: *************** SingHaiyi: Potential breakout play, price 0.101, more volume would be good...
Subject: *************** SingHaiyi: Potential breakout play, price 0.101, more volume would be good...
Singhaiyi has been trading below the 0.100 resistance for more than a month. Today, we have seen a move up where it tries to negotiate this psychological resistance again. However, volume remains low as of now. A close above with some strong volume coming in at the later part can signal some strength. MACD about to cross back above the zero mark after a bullish crossover seen 3 weeks ago. In watchlist for more upside. Target to 0.110 then 0.115. Stop loss at 0.097.
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