China Env: 2 weeks on, a breakdown seen again, price 0.035.... how low can it go?

From email call issued, we have seen a new multi-year low again with it closing at 0.035 today….

To be honest, don’t look good if even the 0.035 support fails….

As mentioned in email call, we can see more downside towards 0.030 then 0.020 if that happens…

I mean, no one knows how low it can go…

What I do know is that the trend is a clear down, at least for now, till I see something that says it is not….

If not, it is down…. Simple…..

BUT MORE IMPORTANTLY…

I Would like to share that there is a 1ET Bearish Entry Trigger on the 20 April 2016, which was like 2 months ago….

SELL Entry price was 0.063…..

A clear SELL ENTRY to be precise….

And down it went….

Looking at a 41.9% GAIN if you have shorted and held till now from the first Entry….

In 2 months…..

There were actually some exits to take profits then SELL RE-ENTRIES AGAIN 2 weeks back on specific criteria….

Down by another 7% more today and Closed at 0.035 today….

Another thing that I do know is that, my stop loss would be at 0.038 now for my short positions….

Let’s see if it touches 0.030 next week…. J

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Email call: 

Sent: Friday, June 03, 2016 12:52 PM
Subject: ************* China Env: A breakdown below 0.040 will not be a good sign........ price 0.042

We have seen a breakdown to a new low for China Env with it touching the support at 0.040 for now. If the 0.038 – 0.040 were to clear out eventually, we can expect more serious selling pressure to take it lower to 0.030 then 0.020 even. Downtrend intact for now with resistance a 0.045 – 0.046 for now. CFD SELL can be used to ride any temp rebound and a potential firm breakdown. Cautious long….

China Env: Looking negative below 0.060 still?

Support levels breaking down... more downside potential, price at 0.055.

Sent: Tuesday, December 01, 2015 10:09 AM

Subject: ************** China Env: Breakdown of key support levels, all time low.... downtrend intact... price 0.068

China Env has broken the support at 0.080 yesterday and today a move below 0.070 support again in a sign of weakness. Staying below now can see more weakness towards the 0.060 then 0.050 level possibly. Downtrend clearly intact with all 3 moving averages sloping downwards and a convincing breakdown. CFD SELL along the way to ride the downside….. All indicators negative and more room to go for the downside.

 

China Env: What a surged a predicted? can it touched 0.200 ?

Have indeed broke above and hit our target today based on last Friday call issued to clients  ;) NOW AT 0.193

Sent: Friday, May 22, 2015 10:00 AM
Subject: ******* China Env - Cleared 0.180 - 0.182 resistance today on strong top 3 volume, price 0.182

Seems to have break above the 0.180 resistance convincingly today on top 3 volume, if it can stay above the 0.180 new support level, there still can be more strength to 0.190 then 0.200 then 0.265.  Macd showing positive momentum with stochastic also starting to point upwards.. Might see a temp resistance at 0.185 now, looks set to head towards 0.190 fast if this level clears off today too. Stop loss at 0.177 for any long positions. 100 day MA line is on the verge of crossing above the 200 day MA line suggesting a trend reversal in formation too. Let’s watch.

China Env - are we seeing a breakout above 0.180?

Let's watch ! now at 0.184, congrats to some who managed to accumulate on time.

Sent: Tuesday, May 19, 2015 11:11 AM
Subject: ******************* Potential Upside: China Env - resistance at 0.180 key, more upside above, price 0.179

China Env has staged a firm breakout yesterday above the 0.170 level with a reversal Bullish hammer candlestick pattern spotted 2 days back. Range would be from 0.174 to 0.180 now and a further breakout above 0.180 can pave the way to 0.190 then 0.200 then 0.265. At current level, has cleared above the 20 day MA line which can see more short term strength. Note that it has traded above the channel support upward sloping line since December last year which can show a general uptrend with slight dips and rebound. Stochastic and RSI pointing upwards on yesterday’s price action but more confirmation needed if it can stay above 0.180 now.

China Env - Clearing above 0.170 can see more strength. - CALL ALERTED TO CLIENTS AT 9.45am

Did you get in when sellers cleared as mentioned this morning?

Sent: Wednesday, April 08, 2015 9:45 AM
Subject: ***************** Potential Upside: China Env - Clearing above 0.170 can see more strength. price 0.171

China Env has consolidated for more than a week below the 0.168 – 0.170 level and today we have seen a temp breakout above 0.170 on top 20 volume. This may open the way for it to close the gap higher to 0.180 then 0.200. Clearing of sellers at 0.171 – 0.172 can be a further confirmation. Stop loss at 0.167 on a clear breakout. All 3 indicators trending upwards with it also just crossing above the 100 day long term MA line. Watchlist !

Bullish Setup: China Env - out of 0.150 consolidation region can be a good sign of rebounding, price 0.153

Heading towards our first target ? Now 0.159 !

Sent: Thursday, March 26, 2015 12:19 PM
Subject: ***************** Bullish Setup: China Env - out of 0.150 consolidation region can be a good sign of rebounding, price 0.153

China Env has consolidated below 0.150 for more than a week after our previous sell call where it headed to a low of 0.136. Today we have seen a clear breakout above the 0.150 psychological resistance level on top 30 volume which can see it retrace back to 0.160 then 0.180. Mainly a short term speculative play with strict stop loss at 0.148.

Bearish Setup: China Env - MORE downside ? CFD SELL CALL PREVIOUSLY

Can it stay above 0.145 now after briefly breaking below it today ?

Sent: Wednesday, March 18, 2015 10:08 AM
Subject: ***************** Bearish Setup: China Env - Breaking down below 0.145 support, not good, CFD SELL

Following up from previous CFD SELL CALL, China Env has traded lower and now has found a support at the 0.145 level. Today we have seen it broke below this support on above average volume to a low at 0.142. Note that staying below 0.145 now can lead to more weakness at it heads lower to 0.100 possibly which was the support in December last year. CFD SELL to ride any downside on any stronger indication below 0.145 level. 20 DAY MA line has also crossed below the 100 day MA line as it trends lower. Careful long positions. CFD SELL.

Sent: Thursday, February 12, 2015 9:44 AM
Subject: ****************** Bearish Setup: China Env - Breaking down below 0.200 support, not good, CFD SELL

As long as 0.200 remains as the new resistance level, can see it retrace back down to 0.180 then 0.150 support level. CFD SELL positions can be used to ride any downside. All 3 technical indicators looks to be turning downwards after the upticks seen since December. It has also just broken below the 20 day MA line and has continued to stay below for about a week. Careful long positions. Have broke below the 0.200 support level today on top 20 volume.

************** Bearish Setup: China Env - Breaking down below 0.200 support, not good, CFD SELL

Sent: Thursday, February 12, 2015 9:44 AM
Subject: ****************** Bearish Setup: China Env - Breaking down below 0.200 support, not good, CFD SELL

As long as 0.200 remains as the new resistance level, can see it retrace back down to 0.180 then 0.150 support level. CFD SELL positions can be used to ride any downside. All 3 technical indicators looks to be turning downwards after the upticks seen since December. It has also just broken below the 20 day MA line and has continued to stay below for about a week. Careful long positions. Have broke below the 0.200 support level today on top 20 volume.

******************** Consolidation before more upside: China Env -Next resistance at 0.245 - 0.25

China Env did break above 0.25 resistance today, can it head towards 0.30 now ? BUY Call emailed to clients over the past 2 weeks. J

Sent: Friday, January 16, 2015 9:55 AM
Subject: ********************** Breakout Seen: China Env - Broke resistance at 0.200 .. price 0.22, out of consolidation towards the upside.

As mentioned in previous call, CHINA ENV has indeed broke above the 0.200 critical psychological resistance level today on TOP 2 VOLUME. Note that this can be a short term positive where it can trade higher to 0.24 then 0.30 eventually. As long as 0.200 remains as the new support level, we are positive for a reversal with a Bullish Rounding Bottom reversal patter spotted.

Stop loss can be at 0.198 for now.

********************* Potential Breakout further: China Env - Next resistance at 0.200 critical.... price 0.196, WATCHLIST (NOW 0.22)

Breakout indeed seen today. Now at 0.22

Sent: Tuesday, January 06, 2015 11:50 AM
Subject: ************************* Potential Breakout further: China Env - Next resistance at 0.200 critical.... price 0.186

After the huge breakout seen yesterday on extremely high volume, it may start to consolidate before moving higher. Support would likely be at 0.180 for now to range of 0.200. At current levels, note that it has broken above the channel resistance line too which has been in control since Jan last year. This can signal a potential reversal. Stop loss can be at 0.178 for long positions. A BREAKOUT above 0.200 can see it trade towards 0.25 then 0.28. All indicators still looking positive with more room to go. Speculative short term play with strict stop loss fyi

*********************** China Enviro: Potential rebound above 0.29, more dowside if support at 0.26 BREAKS DOWN further....... Careful long

Currently range trading from 0.26 to 0.29….. A break above 0.29 to 0.30 would be a positive for it to rebound back to 0.35. However note ANY LONG positions with stop loss at 0.25 as a breakdown of support at 0.26 can take it lower. Stochastic and RSI indicator looking at a crossover for any rebound but more confirmation needed.

********* Potential Breakout Seen: China Env. Share price 0.600. ( Can the 0.600 clear out Convincingly? )

Following up from Buy Trading call on 1 Oct 2013. China Env has consolidated above the 20 DAY MA (Green line) despite market weakness for the past 3 weeks. 0.600 remains as critical resistance to cross above before more upside can be seen. More on a aggressive buy on breakout play if the 0.605 and 0.61 level clears out. Possible target to 0.65 and 0.700 then.

Stop loss at 0.58 for long positions on breakout.

 

******** Uptrend still in Placed: China Env. Share price 0.57. ( Supported above 0.500)

Following up from BUY trading call made last Friday. China Env has broken up above the 0.55 resistance further and looks set to test the 0.600 real soon. Ultimate support at 0.500 currently so as long as this support holds, still a good counter to hold in the midterm to continue to ride the uptrend. Likely to consolidate from 0.55 to 0.58 in the next few days before more upside. Can also consider accumulating on dips as long as it is above the 0.500 critical support level. A break above 0.60 can pave the way to 0.64 and 0.65 level then 0.700. Still poised to trade higher with key support still holding. Only the downside breakdown of 0.500 will invalidate out bullish scenario.

Stop loss at 0.485

 

*********** Uptrend STILL INTACT: China Env. Share price 0.53. ( Continue to ride the gains as long as new support holds )

Following up from BUY Trading call made last Friday. China Env has indeed today broken above the 0.500 CRITICAL resistance level on TOP 20 volume. Likely to consolidate above the 0.500 support now from 0.500 to 0.54. Uptrend is still very much intact with it holding about each “Resistance turned support level” each time and consolidating before staging a breakout again. Can try to accumulate if it does dips to near 0.500 support. Near term target to 0.600 in the next few weeks. Those with previous long positions should raise stop loss level  to 0.485 to protect your profits but still let your gains ride.

Stop loss at 0.485

 

********* Consolidating before more Upside: China Env. Share price 0.48. ( Wait for the next phase of uptick)

Follow up from BUY Trading call made last Friday on 13^th September 2013. China Env has broken above the 0.46 immediate resistance level 2 days ago and manage to stay above this new support. Trading range would most likely be from 0.46 to 0.500 consolidation before more upside seen. Resistance stands Critically at 0.500. Currently, we can see Massive sellers there so any break above this Crucial 0.500 would be a new phase upwards again. As long as 0.46 and 0.45 holds as a new support level now, we are bullish. This counter has been consolidating only to break higher each time and also faster. Can continue to average up and ride the trend as long as KEY support level holds. Will average up on the break of 0.500, from 0.505 to 0.51. Target to 0.54 then 0.600.

Stop loss at 0.435.

 

******** Still a BUY on consolidation: China Env. Share price 0.385. ( Tested 0.400 resistance, soon.....) REPOST: NOW 0.415 !

Posted on Wednesday. Broke the 0.400. NOW 0.415.

 

Following up from previous BUY call made last Monday on 2^nd September 2013. China Env has managed to stay above the 0.35 resistance turned support level and today we have seen it test the 0.400 immediate psychological resistance level. Can consider locking in some Long positions within this range above the 0.35 support. As long as 0365 is not broken down, we favour a up move with 0.44 and 0.50 as the next target if the resistance at 0.400 clears out. Possible to average up at 0.405 to 0.41 level on break out for aggressive traders.

Stop loss at 0.345.

 

******** Still a BUY on consolidation: China Env. Share price 0.385. ( Tested 0.400 resistance, soon.....)

Following up from previous BUY call made last Monday on 2^nd September 2013. China Env has managed to stay above the 0.35 resistance turned support level and today we have seen it test the 0.400 immediate psychological resistance level. Can consider locking in some Long positions within this range above the 0.35 support. As long as 0.35 is not broken down, we favour a up move with 0.44 and 0.50 as the next target if the resistance at 0.400 clears out. Possible to average up at 0.405 to 0.41 level on break out for aggressive traders.

Stop loss at 0.345.

 

******* Trading BUY: China Env. Share price 0.36.

Following up from BUY Trading call made on 23^rd Aug 2013. China Env has been consolidating below 0.35 for about a week before breaking out today above the temp 0.35 resistance today again. Currently at Top 10 Volume. Likely to see it move higher to test the 0.400 level.  Support at 0.35 currently. Can accumulate on dips near 0.35. Can continue to ride the uptrend on any breakouts and accumulate within consolidation phase.

Stop loss at 0.335.

 

 

 

****** Trading Buy: China Env. Share price 0.32.... (Follow up from previous Buy call, broke the 0.300 psychological resistance)

Following up from BUY trading call made 2 days ago on 21 Aug 2013. China Env has announced a proposed placement of up to 65m new ordinary shares yesterday evening. It has broken above the 0.300 psychological level today on TOP 5 Volume after breaking above the 0.275 temp resistance 2 days back. Currently at a all time high and likely to push higher further to head to 0.35 to 0.40 level. As long as 0.300 holds as new support, we are bullish with a short term target to 0.35 then 0.38 first.

Stop loss at 0.285

 

 

 

 

 

******** Trading BUY: China Env. Share price 0.285.

China Env has cleared the recent high of 0.275 today on TOP 30 volume. Seems like it has broken out of its temporary consolidation phase below 0.275. Range should now be from 0.275 to 0.300. A break above 0.300 can see it trade higher further to 0.35 level potentially. Has been trading consistently above the 20 DAY MA line, broke it slightly last month only to come back stronger. Mainly a short term aggressive trading call with a tight stop loss to ride any short term upside.

Stop loss at 0.265.