Wednesday, September 20, 2017

Rowsley: Attempting to push higher, price 0.131, upside may still be possible. System?


Late last week, we saw some positive price actions in Rowsley with it attempting to break above the 0.125 resistance level...


Has been trading below this level for more than a month and finally buyers were seen...


Was trading at 0.124 then and was expecting more upside if this level manage to break through on some specific criteria....


See what was sent and targets drawn!


For illustration purpose only


Anyway, that resistance gave way and it traded upwards slowly over the past few days... with occasional profit taking...


To a high of 0.135 yesterday.


Some profit taking seen today as well and still have not hit our first target at 0.140 as drawn...


But upside can still be possible as long as 0.130 holds as the support now....


SYSTEM WISE, we did see a BULLISH SIGNAL recently...


Just before the recent spike...


Want to see my system and strategy live and find out if this counter can head higher?


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