******* Potential Breakout play: WE Hldg. Share price 0.042. (Huge RESISTANCE AT 0.043.)

We Hldg has been trading below 0.043 since the breakdown of the 0.043 support about 2 months ago. Currently this level would be a critical support turned resistance level to watch. Has attempted to break above 0.043 twice over the past 2 months but no avail. TOP 10 volume seen currently as it nears the resistance level and huge sellers stack there 23m shares at the moment. Any clearing of this level can signal strong buyers coming in and taking it up to the new phase upward, target to 0.05 first which also coincides with the 200 DAY MA line.  Can see quite a clear gap to clear above 0.043, supported at 0.040 psychologically at the moment.

Stop loss at 0.039.

 

Short term Trading Buy: WE Hldg. Share price 0.078. ONLY for the strong Hearted and Discipline short term traders. High Risk High Gain.

WE Hldg has broken the 0.075 temporary resistance and buyers started eating up the sellers quickly. Recent high was more than 0.15 in End Feb 2013.  Possible to head quickly to test the 0.09 level. A break above 0.09 can lead it to 0.100 quickly. Look at the gap it can close to 0.12 level. TOP volume seen currently. Very Speculative place, so please be careful and take profits when necessary.

Stop loss at 0.073