Indeed a convincing move above 1.00 over the past few days with a high at 1.045 today...
There were several calls to ride the weakness then the reversal upwards....
More upside if this 1.00 holds now....
Let’s see.... congrats to clients who managed to lock in some long positions previously and already in the money...
Protect profits....
Sent: Monday, June 6, 2016 10:26 AM
Subject: ************* Innovalues: Another attempt to cross 1.00 today, something to watch....there could be a bullish trigger soon....
Subject: ************* Innovalues: Another attempt to cross 1.00 today, something to watch....there could be a bullish trigger soon....
From previous note exactly 2 weeks back, we have seen Innovalues consolidate below the key 1.00 level, with it so far not being able to manage a close above the 1.00 convincingly to signal any bullish move. Today, we are again seeing an attempt to break above the 1.00 level with more than 4 times above average volume as of now. This could mean something. ANY SPECIFIC Price action that I am looking for can signal a bullish entry…. J Let’s see….
Sent: Monday, May 23, 2016 9:24 AM
Subject: ************** Innovalues: Attempting a move above 1.00.. more confirmation required.... watch list... price 1.00
Subject: ************** Innovalues: Attempting a move above 1.00.. more confirmation required.... watch list... price 1.00
We are seeing some actions again with Innovalues trying to attempt a move above the 1.00 critical psychological level, have traded to a low of 0.90 before finding some support last month. Only a close above 1.00 with specific price action can signal a potential rebound back up to 1.08 – 1.10 level. So far we have seen it cross like 3 times above 1.00 but not able to manage a close above which shows that sellers are still strong for now. In watchlist though, a move above 1.01 – 1.02 with a close above can be interesting to watch…
No comments:
Post a Comment