New Buy Entry Alert

MBE – Mobile Embrace Ltd

Stock : MBE – Mobile Embrace Ltd

Current Price : $0.076

New Buy Entry (Trigger Level) : $0.076

New sell exit level (Stop Loss) : $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.