Current Open Alert
MBE – Mobile Embrace Limited
Stock : MBE – Mobile Embrace Limited
Current Price : 0.081
Previous Buy Entry (Trigger Level) : 0.076
New Sell Exit Zone (Stop Loss) : 0.076
Previous 50% Partial Exit Zone (Target) : 0.105
Status : On watch for higher low
MBE has traded through 0.10 hitting the target zone a few days and now is contracting off the highs in search of buyers. We are watching now for buyers to step in and soak up selling to build the higher low for a push back through the 0.10 level.
ORIGINAL ALERT 13/7/17
Stock : MBE – Mobile Embrace Ltd
Current Price : $0.076
Status : New Buy Entry Level at $0.076
New sell exit level: $0.063
MBE has built a new base after strong selling in the past year. We often see continuation of buying when volume is associated with the daily moves higher. The 12 cent level is what we will initially focus on as a target but may take a 50% portion at 10.5 cents. Traders may be able to take advantage of the price increment jump from 0.1 cent moves to 0.5 cent moves when price moves past 10 cents by putting a sell order now for a portion at 10.5 cents.