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Tuesday, October 23, 2012

Hi-P Hit Major Support

The Apple related stock Hi-p recently following Apple's nose-diving, it has dropped from recent high 1.09 on 21st Sep to yesterday's closing at 78c, more than 28% drop. But it may be a good news for Hi-p today as Apple rebounded 4% last night in US trading.

Technically, Hi-p hit its major long term uptrend support yesterday. Is it the time for a bounce up from here?

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