Wednesday, January 9, 2008

PSEi - white candle with higher low

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PSEI = 3416.08 (-0.10%)

PSEi formed another white candle with higher low and lower high. Volume increasing.

PSEi seems to be gaining some upward momentum as can be seen by the formation of higher lows. I hope this continues and breaks the resistance formed by the previous gap down.

Good luck to all traders!
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