Tuesday, November 27, 2007

SPH - possible hammer; new all time low


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SPH = 7.2 (2.7%)

SPH formed a black candle with a long lower shadow and lower low and lower high.

SPH seems to be forming a reversal candlestick pattern: a hammer. It might be confirmed if SPH manages to form higher lows and higher highs in the following trading days...

Good luck to all SPH traders...
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