Tuesday, October 03, 2006

 

Chartered in wave 3 soon ?


This is daily chart of Chartered. As we can see, chartered could be doing a wave 2 down. The support for w2 is around 1.13 and if 1.13 hold, we could see chartered riding the w3 up. On the other hand, technical indicator CCI, stochastic and RSI are in oversold region. The chances of 1.13 support being hold is high...

# posted by chua @ 11:43 PM
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