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Tuesday, February 28, 2012

JCY formed black candle after shooting

Shooting Star spotted on 27 Feb and ended with Black Candle on 28 Feb with decreasing volume. Potentially profit taking due to overall KLSE drop. If tonight Dow Jones goes up by 1% and break the 13K resistance line potentially it might kick start the buyers appetite and invest on this counter. After all everybody needs Hard Disk and the Hard Disk price is over priced due the stock disruption caused by Thailand Flood Disaster.

And Finally have internet :)

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