Friday, September 27, 2013

Chip Eng Seng break above downtrend line

Chip Eng Seng currently trading at 0.70, our system show a trigger to go long, is it time for the trend to turn up? looking at the downtrend line, seems like price has successfully broken out of the downtrending zone. One can consider to go long with stoploss placed at 0.67(incase price fall back below the trendline.
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