China Communications Services Corp (0552) : Sitting Dangerously on Kumo Support

Sep 28, ’09 6:42 PM
Author Categories HKSE Tags ,

On the Ichimok Weekly Chart, we can now see that China Communications Services (0552) is sitting just on top of the kumo support.

If this support breaks (or if it does not move up within a month), we can easily see that the price will pierce through the support and that will signal a bearish outlook.

2009Sep-China Communications Services Corp-800x600

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