HMI: Some profit taking seen on new high, uptrend intact, system has No Exits for last week bullish Re-entry signal, price 0.725

Following up from yesterday’s call, we have indeed seen the 0.70 resistance cleared with a high at 0.745. Today, we are seeing some profit taking again with a sell down from the high. Some resistance expected from 0.75 – 0.755 for now.

Uptrend intact as long as 0.70 holds.

We had a few entry and exits on this counter since July 2016 with a potential gains of more than 50% along the way (See below)….

Just last week, we had another BULLISH RE-ENTRY signal, and there are NO EXITS as yet for this signal…

So there can still be more upside from here, system aside target can be 0.80 then 1.00 eventually as long as 0.70 holds now in the short term…

Pti grads can look out for exit signal J

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Recent Email:

Sent: Monday, November 14, 2016 9:28 AM
Subject: ******* HMI: A move above 0.65 finally can see the next phase of upside, price 0.69

From previous call, we have managed to see some consolidation below 0.65 key resistance with it attempting a move above today fiercely. We can start to see more upside from here above 0.65 with the 0.70 level likely to give way too. Target to 0.80. Longer term trend looks intact with moving averages still pointing upwards firmly. Momentum indicator reversing up on this move where we can see more buyers above 0.70. As long as 0.65 holds, a short term positive.

For illustration purpose only

HMI: No exits from Bullish signal yet, in consolidation phase, upside still possible above 0.52, price 0.545

HMI has been trading sideways from 0.52 to 0.56 for more than 2 weeks already.

Longer term MA still looks strong and sloping upwards firmly.

As long as 0.52 is a support for now, uptrend still pretty much intact with a resistance at 0.56 for now.

Those who have taken profit can consider accumulating on dips above the 0.52 support which also coincides with the 20 day MA with SL below.

Manual analysis aside, to share that we actually had a 1ET Bullish Entry signal on 18 July 2016 with an Entry price at 0.345.

There was a subsequent exit then a RE-ENTRY again from my 1GT strategy as seen below.

Still NO EXITS for this yet.

Those who would like to find out about my 1ET AND 1GT systems and also the blueprint that each of this strategy goes through can attend a FREE workshop.

More details here >>> last few workshops for the year >> http://bit.ly/2btxZNP

HMI: Touched a NEW HIGH AT 0.500 - Had a Entry signal previously which may still be good to go... Price 0.49

We have seen HMI broke above the 0.44 resistance yesterday followed by more strength today before reaching the critical 0.500 psychological resistance level.

We are seeing some profit taking near here at the moment which is normal given the run we has seen over the past few weeks.

20 day MA is starting to slope upwards firmly and pulling away from the 2 longer term moving averages which can show short term trend taking shape.

As long as 0.44 – 0.45 is a support now, a short term bullish with a potential break out above 0.500 still on the cards.

Had a 1ET Bullish Entry signal 6 weeks back before the ascent fyi, see chart below.

For More details on 1ET STRATEGY, CLICK HERE >>> http://bit.ly/2btxZNP

May ride further if we see something more….. Protect profits grads if you were locked in….