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Tradesmarter

Will President break thru resistance?

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still in downtrend and scalpers should target 20-22p, whilst others may want to wait till 22p resistance taken out (also be aware of the gap circa 23p)....In earnest a break above 23p is what will set the bull flag alert.

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  • Tradesmarter
    Tradesmarter Saturday, 17 November 2012

    price has moved around 10% since original post last week and any in the trade would be advised to move stops to 22p to lock in profits incase this pulls back

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  • Tradesmarter
    Tradesmarter Wednesday, 21 November 2012

    this has worked well now around 26p...move stops from 22 to 24p..expecting overhead resistance to kick in so get ready to take profits or let the stop do it's job and see if we break over head resistance

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