October 05, 2009

HKSE: China Cosco

Hi guy,
China cosco closed as a Doji = " + " after 3rd wave down trend.
Will it reverse? It had been retrace below 61.8% (9.04HKD)as the indication on the chart and when a doji appear it may reverse. Today(05Oct09) Doji does not make it look like a evening star so hopefully tomorrow it will bounce back to 9.4HKD which become the resistance line.


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