Thursday, February 25, 2016

Yuuzoo: TARGET hit at 0.170, heading towards 0.180 still?

As per Monday call issued, indeed a further breakout above 0.170 today with volume still maintaining…. 

Now at 0.173…. congrats to those who manage to lock in some positions…. J

Sent: Monday, February 22, 2016 9:43 AM
Subject: **************** Yuuzoo: Breakout seen above 0.160 a good sign of recovery, price 0.163
Yuuzoo has traded below the 0.160 psychological resistance for more than a month, and today we have seen a break above on strong volume. At current levels, it has also crossed above the 20 day MA line and pulling further away from it with MACD also crossing above the zero mark finally after 2 months. May see more upside towards 0.170 then 0.180 as long as 0.160 holds as the immediate support for now. Stop loss can be at 0.157 for any long positions.. Mid to long term trend still weak so would be good to take profit along the way while raising stop loss. J

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