Monday, March 7, 2016

Rowsley: 0.160 resistance gave way too today on 3x above average volume.... price 0.164

More upside likely still if it can hold above the resistance turned support at 0.160 now. Target can be to 0.170 first as mentioned previously….

Sent: Friday, March 04, 2016 4:30 PM
Subject: ************ Rowsley: Some resistance at 0.160, more momentum can continue above this, price 0.156
Following up from previous call, Rowsley has indeed break the 0.150 resistance 2 days back and has seen some profit taking near the 0.160 level. We can still see more upside of the 0.160 were to clear out again and with 0.150 – 0.152 holding as the immediate support level. Those who have already taken profit can also scale back some long positions near 0.150 as long as it holds. Target to 0.170 on a further breakout while we raise our stop loss to 0.157.

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