MVF 1.22% $1.22 monash ivf group limited

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    Monash IVF (MVF)

    The down trend from the June 2014 high has lost momentum over the past five months and the price has been trading sideways, fluctuating between $1.28 and $1.57. Monday’s price action broke above resistance of $1.57, suggesting that higher prices are likely to unfold in the months ahead.
    The potential medium term upside price target based on the breakout is $1.86.Double blessed medium term buy.

    http://www.morgans.com.au/Blog/2015/March/Technical-Analysis-CWN-MVF-PTM-SEK-VTG.aspx
 
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