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Resistance: 14dMA, Red trendline
Support: Green trendline, 20933
Comment: If it surges above 14dMA - move up to test Red trendline. If it plunges below Green trendline - move down to test 20933.

4 comments

Alvis said... @ April 29, 2010 at 10:28 PM

HSI plunged below Green trendline, tested 20933 on Tue. It broke 20933 with a gap down on Wed. Today, went down further to close at 20778. Next support is at 20650. I believe is time for bargain hunting.

Alvis said... @ May 3, 2010 at 8:36 PM

Bought some Capitaland (@ $3.81) and Ausgroup (@ $0.615) for the past week.

Alvis said... @ May 6, 2010 at 10:29 PM

Today, HSI hit a low at 19888 (corrected 10% from 22388), and closed at 20133. Continue my bargain hunting when there is fear in market.

Alvis said... @ May 7, 2010 at 7:25 PM

Bought some Sinotel (@ $0.445), Swiber (@ $1.12), and Capitaland (@ $3.51) for the past week.

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