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PSEi Weekly [6-29-12]


Seem like a completed Bearish Bat Pattern to me… The bright side is that the current pattern COULD be a potential Bearish Deep Crab Pattern, targeting the 5600 level. Given the momentum of the US and Euro stock indices as of writing this, there is a good chance that we might see a new all time high next week. Blue Chips will lead the charge of course.

In the short chart, candlestick pattern for the this week could be a potential Bullish Rising Three pattern. On classical patterns, this could be a bullish flag in the making.

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2 responses to “PSEi Weekly [6-29-12]

  1. eggstyan

    July 15, 2011 at 5:42 pm

    all time high 😀

     
    • pseharmonics

      July 15, 2011 at 7:53 pm

      Before the ghost month, 4600 na tayo. Yahoo!

       

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