PACE Pace Limited Analysis 24 Sep 2013
Upside Prevails
Our Pivots: 2.74
Our Preference:Buy above 3.49 with a strict stop loss of 2.74 and profit target at 4.38 and 4.79.
Alternate Scenario: Downward Penetration of 2.74 will call for 2.21
NOTE: PACE have recovered from its bearish channel and is moving towards 4.38 to retest its resistant trend line.
Recommendations:
For New Entries (Buy Above 3.49 till 3.14)
For Existing Holders (Hold till 4.10 and 4.37)
Weekly Chart with Supports and Resistance:
3 COMMENTS
John Doe
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