03 December 2009

China Mobile 941



avoid this stock at all costs, the chart shows it will test new lows very soon, likely to the extent of 57.

the chart is a typical mutli top with neckline at 74 and already has fallen below it, it may still struggles around the neckline but not for long as the chart is a six month old chart and it is now in the pullback phase after breaking out to the south.

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