Thursday, September 4, 2008

PHILIPPINE STOCKS: APC (APC GROUP, INC.) 9-4-2008


APC has broken out of the neckline (red line) of its reverse head and shoulders formation with heavy volume. Based on technical analysis the immediate target for this stock is 0.61 and a good cut loss point is when it goes back inside/below the neckline. Click image to enlarge!

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