China Fibretech: Shared to blog on Wednesday AT 0.033........ Breakout indeed seen TODAY on top volume..... Hitting a high of 0.039.... Still good to go ?

Check back: http://singaporetradinginsights.blogspot.sg/2014/05/china-fibretech-short-term-upside.html

Was at 0.033 before a Potential breakout spotted. Where to now ?

*************** China Fibretech: Short term upside speculative play above 0.035 resistance.... With strict stop loss.... (0.033 now)

Entry: 0.036 to 0.037

Target: 0.040 then 0.050

Stop loss 0.033

Reason: Top volume breakout above 0.035, and subsequent clearing of sellers at 0.036-37 would be a positive breakout above consolidation since Oct last year. Short term speculative play to ride any momentum on this.