Hang Seng broke through the neckline, target of around 19200. Looks like a Wave 3 or wave C underway. Wont rule out short rallies in between though. Expected a bounce shortly to test the neckline.
Tuesday, January 26, 2010
Hang Seng Index: Head & Shoulders Pattern
Hang Seng broke through the neckline, target of around 19200. Looks like a Wave 3 or wave C underway. Wont rule out short rallies in between though. Expected a bounce shortly to test the neckline.
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