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Author *Topic: PSE - Philippine Stock Exchange  (Read 573 times)
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« on: June 30, 2009, 09:17:41 PM »

PSE Daily Chart, June 30, 2009






This emerging "set up" was sent to me by a new found friend, when I attended the Citiseconline TA seminar last night.

It seems like PSE is getting ready for a breakout, in 2 weeks time?


If the TL will hold, and it breaks thru the converging 65MA and 32MA line, and crossover the zero MACD line, then it may mean a breakout for PSE.

What do you think?



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« Last Edit: June 02, 2011, 09:05:48 PM by Ping » Logged



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« Reply #1 on: July 07, 2009, 05:10:51 AM »




Looks like PSE is starting to move?!  MACD just crossed over, and is now moving up, trying to go over zero line.
 
The volume of July 6, 2009 is "spectacular" compared to the last 5 months.  But today, volume is back to being thin.

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