REPOST ********************** Potential Breakout: UPP Holdings - 0.285 resistance critical...... price 0.28 (Repost - Now 0.300 )

Can UPP break above 0.31 now ?    What do you think ?

  

********* Impending Breakout: UPP. Share price at 0.385 closed today. ( REPOST: NOW AT 0.395, TESTING 0.400 AGAIN)

REPOST: UPP TESTING 0.400 CRITICALLY AGAIN. A CLEAR POSITIVE if it manages to clear it and 0.405, Look at the gap that it can cover upwards !!! Monitor for BREAKOUT.

 

Posted on Monday 16 September: Following up from Previous call made on 3^rd September 2013. UPP has again tested the 0.38 resistance level again today with a high set at 0.39. Seen in Top 20 volume today.  UPP has consolidated below the critical 0.38 resistance level since Jan this year and today we have seen it attempting to break above it again. Monitor closely for the breakout of 0.385 level, will be a positive in the near term if the 0.39 clears out tml and we see it push higher. Ultimately, Critical resistance would still be at 0.400. We would considering putting a BUY stop at 0.405 to 0.41 as any break up above the psychological 0.400 resistance level can be a further confirmation of short term upward momentum. Support at 0.35 currently. A break above 0.400 can pave the way to 0.44 to 0.45 fast to test previous highs set in April and Oct 2012.

Stop loss at 0.385 for long position on the break of 0.400.

 

********** Impending Breakout: UPP. Share price at 0.385 closed today. (Can it cross the CRITICAL 0.400 ? Not today..... Lets see when......)

Following up from Previous call made on 3^rd September 2013. UPP has again tested the 0.38 resistance level again today with a high set at 0.39. Seen in Top 20 volume today.  UPP has consolidated below the critical 0.38 resistance level since Jan this year and today we have seen it attempting to break above it again. Monitor closely for the breakout of 0.385 level, will be a positive in the near term if the 0.39 clears out tml and we see it push higher. Ultimately, Critical resistance would still be at 0.400. We would considering putting a BUY stop at 0.405 to 0.41 as any break up above the psychological 0.400 resistance level can be a further confirmation of short term upward momentum. Support at 0.35 currently. A break above 0.400 can pave the way to 0.44 to 0.45 fast to test previous highs set in April and Oct 2012.

Stop loss at 0.385 for long position on the break of 0.400.

 

 

******** Monitor Closely: UPP. Share price 0.365. Watch the breakout of 0.38 and 0.400. (Impending breakout possible)

UPP has consolidated below the critical 0.38 resistance level since Jan this year and today we have seen it attempting to break above it. Current high today is 0.385 where almost 9m shares were bought up. However, it has pulled back slightly on a weaker market and currently at 0.365. Monitor closely for the breakout of 0.385 level, will be a positive in the near term if the 0.385 clears out. We would considering putting a BUY stop at 0.405 to 0.41 as any break up above the psychological 0.400 resistance level can be a further confirmation of short term upward momentum. Support at 0.35 currently. Might see it consolidated from 0.35 to 0.38 again before attempting another breakout. A break above 0.400 can pave the way to 0.44 to 0.45 fast to test previous highs set in April and Oct 2012.

Stop loss at 0.34

 

UPP CHART - Currently at 0.355..... tested and broke above the 0.35 yesterday, more confirmation needed. Target to 0.45 possible, look at gap...

Will go for a short term positive trade if the 0.36 sellers clears out... grab at 0.36 with a stop loss at 0.335. Now at 0.355 !

Top 20 volume seen currently, increasing gradually which shows interest back in this counter after break out of 0.35 critical level. (Tested 3 times for about 2 months and failed to break above)