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Monday, February 4, 2008

China Hongx Testing Downtrend Line


Interesting day tomorrow if buying momentum continues. Breakout from red downtrend resistance line will retest previous peak at 74 cents. Breakdown from blue uptrend line will retest 58 cents support. Monitor 20 EMA resistance line.

1 comment:

Steve said...

Cheers. I quite like yours too, although very technical. Life at the cutting edge of finance.

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