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Monday, 27 August 2012

RFMK - Double bottom breakout

RFMK recently broke out of a long downtrend and is now consolidating on it's breakout support line.
All indicators are still showing good strength and what was overbought last week has now reset.
With the amount of volume in RFMK there could be some nice trades available buying support.
The weekly chart is looking sweet for a mid term play, accumulation should prove profitable for those that hold a core position.
 
RFMK recently released a shareholders update and the company seems to have some more news on the way in regards to product, possibly coming out this week.
 
 
 
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Monday, 6 August 2012

TWWI .0011 - Higher low made, looking for a higher high

TWWI is in the process of putting in a bottom here and we are looking for volume to start to increase again. Should .0013 break then next resistance is at .0019

Support is currently at .0008


Daily