Sunday, January 31, 2010

Shenzhen Int'l Holdings

Trend : Up
Formaton : Looks like a symatical triangle
Indicators :
MACD Singall above zero is bullish, Histogram  6 red  potentially turn green -entry signal
Stochastic and  RSI at over sold, potentially rebounds
Wait for confirmation to enter.

If breakout above formation, good profit target at 0.80!!!
If below below 0.56 and 200d MA, exit !!!



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