Sinarmas Land: A Further breakout above 0.500 TODAY again as per call issued..... now at 0.515

Where to now? Can it head to our 0.600 target?

Sent: Tuesday, March 15, 2016 10:39 AM
Subject: ************** Sinarmas Land: Breakout seen above 0.45 resistance can be short term bullish, price 0.48

Sinarmas Land has consolidated sideways from 0.38 to 0.45 since the beginning of the year and today we have experienced a 9 times above average volume breakout above the 0.45 resistance. This can mean something. More short term upside likely if the 0.45 holds as support now where long positions can be taken with stop loss at 0.435. Any further clearing of 0.500 – 0.52 can pave the way to 0.60 fast. MACD has just crossed above the zero mark and pulling strongly away on today’s price action with 20 DAY MA reversing too. A stock to watch for long positions