I believe every breakout will meet immediate push back for a day or two before it resumes the breakout. Post-news breakout level was 0.155 and pre-news breakout level was 0.140, which set the support level for late buyer to enter the bullish market. That's why I'm waiting for it to "retrace" back to 0.140 - 0.155 level before I enter the market. Stay tune!
Today is T+3 but tomorrow afternoon is the actual final day. So more sell may initiate by tomorrow morning IMO. However, I could be wrong because if the sentiment of the market is very positive, then more buyer will rush in and push the price higher!
Looking at the chart, short term TP should be 0.21-0.24, where the 2013-4Q and 2014-1Q high. So there should be more space to move from today's closing price of 0.175. I think I will need to consider enter the market first thing tomorrow morning.
Too early to take profit @0.16. thought it will go down a bit before going up again. regret to exit so soon. Really a beautiful stock which go up so gracefully.
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Posted by fl888 > 2015-12-01 09:39 | Report Abuse
T 3 onwards weeding out for 12cts buyer to 17cts holders ...