Sunday, August 3, 2008

Looking at Venture, HI-P


On weekly chart, long term support at 9.33

On daily chart:
  • May be seeing a reversal after selling climax in mid-Jan.
  • Since end-Jun, we start seeing accumulation days (green vertical-dotted lines).
  • Still below 200MA. Possible support 50MA

  • May be have reversed after long decline. Now above 200MA.
  • Key support at 48c.

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