Wow 47% spike in a day !!!! What’s the next one to look at? Remember to raise stop loss upwards to protect profits…..
Sent: Monday, March 07, 2016 10:27 AM
Subject: *************** Interra Resource: Potential breakout, more confirmation needed, no action for now.... price 0.055
Subject: *************** Interra Resource: Potential breakout, more confirmation needed, no action for now.... price 0.055
Interra Res has tested the 0.060 psychological resistance today, but volume is still very thin. No firm breakout seen and even if it did, weak volume so not much of a signal. However, in watch list for any potential move above 0.060 of course with other factors matching. Has been consolidating below 0.060 for more than a month and also below the downward sloping channel resistance line since Oct last years, so any clear move above can potentially signal a reversal of course with more price action confirmation.
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