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Monday, January 17, 2011

TCHONG



















This counter will be exciting to monitor.

Observation
1) Trend line - About to break the downtrend line and if go above the resistance at 5.32 this counter will make a strong reversal to Uptrend
2) HH/HL - not yet form
3) MACD - positive
4) RSI - Positive
5) ADX - Building up with positive


Conclusion,
Good stock to accumulate if it break above 5.32 to formed a higher high.






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