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Marubozu

May 31, 2010.

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Monday, September 7, 2009

Hongguo - breaking out from triangle soon but where is the direction?

Hongguo is going to breakout from a triangle but no clear indication where the stock price will go after the breakout. The minor up trend may not be sustainable because it is showing volume price divergence. Need to see where the next few candles go and whether it has enough volumn to support the trend.

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