Thursday, April 14, 2016

Cache Log Trust: A BREAKOUT seen today as per call last week..... now at 0.885

Can it cross 0.900 today too ? J

Sent: Wednesday, April 06, 2016 10:53 AM
Subject: ***************** Cache Log Trust: Poetential breakout above 0.865 - 0.87, watching.... price 0.855
Cache has traded back to it key resistance at 0.865 – 0.87 which it has consolidated below for more than 2 months already. Any firm move above these levels can see a trade towards 0.900 then 0.95.  A double bottom pattern seen but more price action confirmation required on a entry. Macd has cross back above the zero mark with volume building up as it approaches the key resistance. In alert list for any potential trade on a breakout with volume.

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