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EDC – Potential Bullish 5-0

26 Jul

Potential Bullish 5-0


ENERGY DEVELOPMENT CORPORATION (PSE:EDC)After failing to hold itself above the 7 peso mark, EDC found itself consolidating now. No clear signal to buy yet, but if this goes below 6.73, I’m nibbling some.

Other technical note: 45-d MA inside the PRZ.

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Posted by on July 26, 2011 in Bullish 5-0, EDC

 

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