Monday, July 4, 2011

Bullish Breakout from Sideways Pattern

After surfing the PSEi waves for so long, we finally might have hit a pipeline that can bring us to at least 4414 points or more. In the past days we experienced rough surfing days, but hopefully this could be it -- a smooth surf all the way. Below is a chart that shows PSEi's breakout. The next resistance is at 4413.42. 

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