Watch-list sent to members : 14/8/2014
My scanners are noticing accumulation of the stock as the price broke a downward trend-line .
ENTRY : 1.37-1.41
Target : 1.81
Mental stop loss : under 1.32.
The chart shows a + money follow getting into the stock in these levels , from here the price could start up trending .
Trigger : watch for 1.83 break .
The price could have found short term bottom ( off the 15 min chart) and as far as the price holds the 0.85 the price could re-test the 1$ pivot.
Entry : Watch if the 0.85 holds ( could be a good entry )
Trigger : 0.88
Target : 1
Setup sent ( check the weekly and Monday's newsletter)
setup sent ( check yesterday's newsletter) - Possible target -1.69
Watch for 11.68 break as it would be a trigger for more upward movement as 12.73 would be a first target.
the 150 SMA could act as support (7.35) as the price could bounce from here to test the 8.17 level.
Other stocks in our watch-list :
LIME ( Chart sent) - potential support setup ( wait for a reversal ) : 1- 3.93 potential support 2- 3.62.
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