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Tuesday, September 2, 2008

PHILIPPINE STOCKS: AC (AYALA CORPORATION) 9-2-2008


Like ALI, AC is also possibly reversing from a downtrend to an uptrend by forming a reverse head and shoulders formation. A good entry for this is when the stock price breaks out of the neckline. 380 can possibly be reached in short time. Click image to enlarge!

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