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Thursday, May 25, 2017

Memtech Intl

Memtech Intl - after hitting the low of 66.5 cents on 3rd April 2017, it had since manged to stage a strong rebound and head higher to touch 90 on 26th April 2017. Couple with super high volume this is rather bullish.

The current price of 87.5 cents is staying above the SMA lines which is rather positive.

Short term wise, I think it may likely move up to re-test the recent high of 90 cents.
Breaking out with good volume that may propel to drive the share price higher towards 95 then $1.00 with extension to $1.05.
( trade base on your own decision)

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