MBE is up strong and touching up at the target zone

Trade Management

Current Open Alert

 

MBE – Mobile Embrace Limited

Stock : MBE – Mobile Embrace Limited

Current Price : 0.010

Previous Buy Entry (Trigger Level) : 0.076

New Sell Exit Zone (Stop Loss) : 0.067

Potential 50% Partial Exit Zone (Target) : 0.105

MBE is has kicked on strong and is now at the target area trading around 0.10. We are happy for a partial exit at the 0.105 level and have moved the risk up to 0.067. Price is extended at current levels so now watching the action now and see how price reacts over 0.10.

 

Previous 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.