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Monday, November 25, 2013

CapmallAsia

CapmallAsia-long
Entry: 2.0-2.04
Target: 2.23
SP: 1.94

CMA has formed a double bottom formation with neckline at 2.0, it recently(5 weeks) has been in consolidation within 2.1-2.0, I'm bullish as long it stay above 2.0, with target at 2.23. The risk reward is at 3.8:1.

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