Sunday, August 5, 2012

HLCM

Daily:
  1. After a breakout from falling wedge, it formed a rectangle pattern. Signaling for a continuation of uptrend
  2. TP of Falling Wedge and Rectangle pattern is 13.8 to 14. 
  3. Set stop loss depends on what price you bought
Weekly:
  1. Possibly forming a inverted head and shoulders pattern
Note: Not my recommendation for a buy. Just sharing my TA. 




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