Wednesday 4 January 2012

Stock - Latexx 03-01-12

Glove  Counter


Latexx is trading in consolidation since november 2011 and formed a symmetrical triangle pattern and also attracted some volume over the last few trading day. If it can break above the trend line resistance 1.97, my projection target is 2.39. Immediate support and resistance can be found at 1.77 and 2.12. If it go below 1.77 then there will be more downside.


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