Sunday, July 25, 2010

Soundglobal 23-Jul-10 (Sell)

Gap down (Orange circle) on 28-Jun, followed by breaking down of short term uptrend (Orange line). Expect support turned resistance line of 0.795 to hold. To sell on rally.

Entry Price: 0.80
Target Price: 0.70 (12%)
Stop Loss: 0.86 (8%)

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