Tuesday, September 22, 2009

PHILIPPINE STOCKS: MUSX (MUSX CORPORATION) 9-22-2009


Among many stocks that already have gone up after the market crash, there are still that haven't and one of them is MUSX. In the picture, the stock has been consolidation sideways for months and seems to be forming an ascending triangle formation (indicated by the red diagonal lines). Once the price breaks the resistance line (top red diagonal line) with heavy volume, a minimum of 0.17 pesos per share is achievable. Click image to enlarge!

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