China Fishery: heading towards 0.300 ? price 0.265

Are we seeing a breakout again today as mentioned?

Sent: Wednesday, May 20, 2015 10:02 AM
Subject: ******************* Potential Breakout: China Fishery - Next resistance at 0.25 key to a recovery back to 0.30, price 0.24

Following up from call few days back, we have indeed seen China Fishery traded to a high of 0.25 resistance before a slight retracement. Range would now be higher and tighter from 0.23 to 0.25 now. May see some consolidation within this range given the huge run seen. At current level, note that it has also crossed above the 100 day LONGER TERM MA line so this too can signal a trend reversal. 20 day MA line pointing upwards firmly as it continues its uptick on strong volume buy ups with MACD momentum still positive. Breaking out above 0.25 – 0.255 can see more strength to 0.300 then 0.34.

Sent: Monday, May 18, 2015 9:13 AM
Subject: ******************** Breakout Spotted: China Fishery - Clearing above 0.21 - 0.215 can lead to a recovery back to 0.25 fast, price 0.235

From last Friday’s call, we have indeed seen China Fishery cleared the 0.215 resistance convincingly and headed to a high of 0.235. At current levels, it has also just crossed above the 100 day MA Line which can suggest a longer term trend reversing upwards. As long as 0.20 – 0.21 holds as the support, still positive to ride any upside with temp resistance at 0.25 first. Breaking out above 0.25 – 0.255 can see more strength to 0.300 then 0.34. Technical indicators still look positive with MACD showing strong momentum as it stage a breakout.

China Fishery - A series of potential upside calls last week, price 0.235

Can it stay above 0.200 now, where to?

Sent: Friday, May 15, 2015 10:01 AM
Subject: ******************** Potential Upside: China Fishery - Clearing above 0.21 - 0.215 can lead to a recovery back to 0.25 fast, price 0.22

Has kind of cleared above the 0.215 temp resistance level, there can be more upside from here if it can hold above the 0.20 – 0.21 new support level. And we can expect a short term upside to 0.25 then 0.30 as mentioned previously. At current level, note that it has also crossed above the 100 day LONGER TERM MA line so this too can signal a trend reversal. 20 day MA line pointing upwards firmly as it continues its uptick on strong volume buy ups with MACD momentum still positive.

Sent: Tuesday, May 12, 2015 9:58 AM
Subject: ********************* Potential Upside: China Fishery - Clearing above 0.21 - 0.215 can lead to a recovery back to 0.25 fast, price 0.205

China Fishery has been consolidating above the 0.185 support level for about a month and today we have seen it attempt to test the 0.21 – 0.215 resistance level that has formed over this period. Top volume seen currently as it attempts a breakout and more confirmation needed on clearing of 0.21 – 0.215 resistance level. Target would be to 0.25 in the short term then 0.30.  Stop loss at 0.196 for any short term trade on a convincing breakout. Let’s watch !