Chart Watch 2007-02-04
Sunday, February 4, 2007
Bluglass Limited (BLG)
Has had a great run in January, moving up from a low of $0.39 to a high of $0.61. Has just finished its first pull back and looks to be returning to its uptrend.
Last Close $0.58 , Stop Loss $0.55
Conquest Miming Limited (CQT)
Good separation of the short and long term moving averages, looks to have swung back to $0.79 and returning to its trend.
Last Close $0.88, Stop Loss $0.79
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2 comments:
Always sell on the first lower high.
Both are looking extremely weak.
BLG will be testing the stop loss again today.
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