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Monday 28 December 2009

ANTM in analysis

As gold rebounded today, ANTM followed the trend, that it increased today. Well, even it's in downtrend channel, it showed a bullish reversal (White Marubozu), which might be a good sign, but beware as the volume don't increased significantly.

The next level to test is 2250, then if it passed, it will upgrade to 2350. If it failed, it might bounce back.


Rating: Buy On Strength, TP 2250-2350, as 2250 is its MA20, then it is a good support point.

Happy Investing^^
Disclaimer ON!!!

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