Last October 25, 2007, Big MIC Triangle was seen forming from June. It looked impossible and ugly that time. But now it is forming very pretty. I almost forget about this big triangle since I am much focused on the smaller one with 11.50 target.
As one of the members of the Absolute Traders Cebu, Sir Hans Chu reminded me of my posted big Triangle two months ago, I realize there is bigger reward to be considered on MIC. Diminishing volume is clearly shown on the weekly chart. Swapang!! See, it has new target price of 16.50!Reasonable Swapang, I may say. Just timely for Christmas!!
So, plan ahead as you establish your entry point on MIC. Fundamentally, it is also expecting good news very soon!
Monday, December 10, 2007
Ho Ho Ho !!! MICrry Christmas!!!
Posted by MoneyBullsEye at 2:19 AM
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