BUY: TIME Bullish Breakout From Falling Wedge

Time Engineering has broken out of a falling wedge after finding strong support at 0.455 level. A breakout from a falling wedge is a very bullish sign, the only weak point is that the volume has not been very high, though in the current market that may be expected (see daily chart attached). There is a resistance at 0.68 and a peak probably at 0.91 close to the most recent high of 9th May. Based on current price of 0.62 that would represent a gain of 46%. MACD has just made a golden cross and RSI is positive with room to move up. Traders may want to take a position in this stock.