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TECHNICAL ANALYSIS |
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AALI (Astra Agro Lestari Tbk) Weekly Chart
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Updated on 19/aug/05 |
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When weekly chandlestick break the bullish support line, we can expect
a target decline until end of this month to touch the price zone at
3650 and 3500, or about 50% to 61.8% correction from the starting
powerful bull in month of March 2005. If other technical indicators
show a buy signal when price move along this zone, it could be a good
time to cover short and start monitoring for the next anticipated
bull reaction. |
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If you like to share something from your technical viewpoints with
me, you may send them to: mikerumawas@free.fr |
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Disclaimer: All of the information in this page and/or through all
pages in this web site are based on my personal judgement and viewpoints,
none of them is suggested for any visitors' or readers' investment
decision. |
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