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Tuesday, April 11, 2006

Beauty China



I really dont like the look on the Beauty China. It doesnt look beautiful at all. I draw out the various levels of resistances (red lines) and supports (green lines) and try to make some sense out of it. It is currently sitting on the 50-day Moving Average. Let's just hope that it can 'hold' on to that support for now, otherwise will have to "do the necessary" when the time comes.

posted by Starfish at 1:27 AM

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