Sunday, 27 July 2014

Buy IDEA AT 146-147 TARGET 158-164 SL 145 CLOSING BASIS

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 POINTS TO FAVOUR OUR TRADE

IDEA HAS BROKEN OUT FROM WEDGE AFTER A LONG CONSOLIDATION OF 6 MONTHS.
RSI HAS TAKEN OUT PREVIOUS SWING HIGH OF 65.
VOLUME PATTERN SUGGEST STRONG BREAKOUT FOLLOWED BY LOW VOLUME THROWBACK.
PATTERN TARGET ARE AT 170
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