Thursday 12 February 2015

Feb2015: Matrix breakout !

I bought her on 6Feb at 2.83, expecting a successful breakout on that day itself but she closes 2.82 just on the 200MA line.
Then the 2nd day disappointed me as there is no follow up.
I was seeing she manage to hold above the 20MA, this gives me the patience to hold on further.
And PATIENCE does pay !
Finally she manage to breakout successfully with good volume.
There is a minor 1st resistance at 2.93.
Since today is her 1st breakout day, and closes at 2.88,  I'm expecting her to reach the 2nd resistance at 2.99. Lets see how it go, I'm waiting to collect my "Angpao" at 2.99 :)


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