Monday, February 22, 2016

Spackman: As per morning call, indeed a FURTHER MOVE above 0.120, Now at 0.123

Where can it head to? To 0.130 before some profit taking?

Sent: Monday, 22 February, 2016 9:34 AM
Subject: ***************** Spackman: Breakout seen above 0.100 further, mometum can continue above 0.120 next.... price 0.116
Spackman has broken above the 0.110 resistance further today on strong volume, raise stop loss for those who manage to lock in some positions last Friday on the break above 0.100. More upside can continue if 0.120 clears as well, would be good to take profit near this level too. Target to 0.130 – 0.132 which was the original support it broke down from last month.

No comments:

Post a Comment