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Thursday, 12 November 2009

Correction to CPIN

Yes, today it corrected it's position, but you can see the candle which is uptrending....
Very uptrending, eventhough tomorrow it might not go up, you can still wait, as this company is quite reliable.

I'll show you the chart. This chart is ambiguous, there's a long term uptrend. But today it created a bearish engulfing pattern, which is a reversal signal....
Beware!!!
^^
Happy Trading....^^
Disclaimer ON!!!




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