Some profit taking seen yesterday before it dipped and where the accumulate call was issued again…… rebounded to a new high today….
Were you notified live?
Were you notified live?
Sent: Wednesday, February 24, 2016 10:03 AM
Subject: *************** Spackman: Profit taking seen near 0.130.... Still ok above 0.116.
Subject: *************** Spackman: Profit taking seen near 0.130.... Still ok above 0.116.
From yesterday’s call, we have indeed seen a rise to near the 0.130 with a high at 0.129 yesterday before some profit taking. There can possibly be some support at 0.116 – 0.118 for now, with it finding a key resistance at 0.130 as mentioned. Those who have already taken profit may accumulate again near support with stop loss at 0.114. A move above 0.130 can see more momentum coming back as volume is still strong.
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