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Wednesday, January 27, 2010

SMDC: Another breakout with volume

3 comments:

Anonymous said...

Hi abby, i'm not good at studying charts. could you please explain what the charts indicate to support you're statement of another 'breakout'? thanks!

996 said...

任何你憂慮的事,你都應該去採取一點行動,不要只是在那邊想..................................................

Abby Ongyanco-Lim said...

Hi anonymous,

on my previous post's smdc chart


i drew a line showing key resistances.

1. 4.00 which was broken last week with nice volume
2. 4.15 which was broken yesterday
with volume
3. 4.40 today which was broken with huge volume.

these are some buying criteria for a technical analysis to get into a stock..

hope this helps =)

abbylim