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Wednesday, August 20, 2008

StockWatch: ABS, I

ABS seems to have remain strong these past few days. I re-drew my upward channel guide. If ABS breakout from the upward channel my target price will be @ 20.50 (that's almost 10%)

I - My chart reflects a rounding bottom. And, I has breakout from the resistance @ 3.25. It seems I is about to reach the target price @ 4.20. More, this is one of the few stocks that is up these past few days.