Monday, August 21, 2006

 

Ausgroup=ascending triangle?

this is weekly chart of Ausgroup. As we can see from the weekly chart, Ausgroup could be forming an ascending triangle. the resistance is around 0.39 and it have to break up with high volume in order to see more price upside. there could be a pullback when it hits the resistance at around 0.39. Ausgroup closed 0.36 today...

Comments:
See the detailed report on Aus Group at my blog:

http://www.blogcharm.com/singaporestocksupdate/
 
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