Nov 9, 2004

Charts for thought

All Charts posted with Hello.

Really not too much stood out in today's action. I flagged these three charts because they all show the beginnings of a breakout from a reasonably long base. More importantly is that all three of them are Chinese stocks. One is a manufacturing stock but the other two are telecoms. I generally like playing strength or weakness across whole sectors and while 3 stocks is really the bare minimum to indicate something is afoot I thought I would point it out. The patterns are all close to support giving a generally low risk entry.

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