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Gap up on Eforce

Kim Stockwatch
Publish date: Tue, 26 Apr 2016, 11:11 PM
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EFORCE (0065) A few weeks ago we hinted to you to buy this counter on rumours. Now the news is out and we see the price booming. It is on the rise for two consecutive days.

The price rebound at the 20MA and then closed at 1.000. MACD will be doing the golden crossing while the stochastic shows its oversold position is indicating a good buy.

With the momentum we anticipated that this counter will gap up for tomorrow.

 

Buy Call 0.965

Stop Loss  0.955

Resistance   :  1.020

TP : 1.030

 

Happy trading and Good Luck

 

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