Broker tips
A “hammer” in January 2009 halted declines in this realty counter with prices touching a low of 26. Stock moved up gradually discovering support of ascending Gann Line, albeit on lower volumes. However, retracement level of 123 proved to be a resistance in June 2009, resulting in stock giving some of its gains. Prices recovered [...]
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Broker tips
This hotel counter stalled its sharp decline at 14.45 in March 2009. Lower levels attracted buying interest resulting in prices stage recovery. Stock completed rounding pattern at 46, but “dark-cloud” cover at this value area in June 2009, short-circuited further advanced. Prices have since then formed a couple of rounding patterns though of smaller degree, [...]
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