This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Tuesday, October 26, 2010
Hong Leong Asia : Chart update [ii]
Near Term Price structure :
Support now is moved up to $3.40.
Formed by the base of the right angle triangle.
Which prices has broken out from on High Volume as well.
Near Term Resistance is still at $3.60 then $3.80
And now sitting just above the 9days Moving Average at $3.48
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