Saturday, October 18, 2008

PHILIPPINE STOCKS: TEL (PHILIPPINE LONG DISTANCE TELEPHONE COMPANY) 10-18-2008


Is it a head and shoulders formation (3 arcs: The head is the biggest red arc and the shoulders are the arcs beside it) that we are seeing in TEL at present? This we don't know until it breaks down from the neckling (red horizontal line). Click image to enlarge!

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