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Tuesday, June 5, 2007

ASIA: Symmetrical Triangle

I got this from mickymac stock picks. Then, I checked the chart of ASIA and saw a symmetrical triangle.

It is testing the resistance of 12.00. Today, it closed at 12.25 but low volume. If it breakout from 12.25, the target price is P19.50.

Looking at the MACD, there seems to be a crossover.