Tuan Sing

I bought Tuan Sing about 1.5 weeks back at 29.5c after it pushed above the 14ema 20ma and 50ma lines
I only bought abit since it was a penny play.

Tuan Sing did a breakout on Tuesday on high volume. This pierce the upper bollinger band as well as closing well above the 200ma.

Today, it closed at 31c which is 0.5c higher. Again it pierce the band. This usually suggests more upside but as it's a controlled play, I'll be abit more cautious.

31.5c looks to be a resistance as we can see lots of sellors at 31c whom are looking to realise profits or cut their losses.

A break of 32c will see it test 33c followed by 35c.