What’s the target we are looking at? Congrats to those who managed to lock in some positions last week….
Sent: Thursday, May 19, 2016 11:54 AM
Subject: ************ Jumbo: Attempting a move above 0.500 again.... watching.... price 0.500
Subject: ************ Jumbo: Attempting a move above 0.500 again.... watching.... price 0.500
Some profit taking when it touched 0.500 previously then back to 0.45 support. We have again seen it rebounded to attempt a move above the 0.500 psychological resistance level again. More price action confirmation needed but watching closely…. Uptrend intact with 0.45 as the key lifted support for now. Target can be to 0.55 if a convincing breakout occurs.
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