Now at 0.805!!!! Monitoring closely !!!
Sent: Wednesday, February 03, 2016 1:14 PM
Subject: ************* Ascendas-hTrust: Nearing key resistance, potential breakout above 0.800, volume strong... price 0.77
Subject: ************* Ascendas-hTrust: Nearing key resistance, potential breakout above 0.800, volume strong... price 0.77
Ascendas-hTrust has traded back to the KEY 0.77 resistance level which has held since November 2013. It has tried to cross above once in July 2014 and last month but both times unable to do it. Today, we have seen some really good volume, a close above 0.77 today would be a good signal for entry and of course if the 0.800 psychological resistance clears out too. Target to 0.85 next on a move upwards. In watchlist. Immediate support would be at 0.74 for now. 100 day MA line about to cross above the 200 day ma which can lead to a potential reversal upwards finally.
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