Monday, November 9, 2009

20091109 1103 Salcon Weekly Chart Study.



Salcon weekly chart seems broken the plotted down trend line and still hovering just above it waiting for more buying strength with volume to come in. If the break out is genuine, it is likely to test the 0.655 resistant target level and another more ambitious level rest at 0.80 level. Support stands at 0.55 level. All the indicators on chart shows positive signal toward Salcon. 

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