Monday, March 8, 2010

Possible double bottom in Petra Perdana?




The stock had a gargantuan rally from $1.20 to a high of $2.08 the last time the candle chart saw a bullish engulfing pattern.

I was caught at a high price of $1.78+ the last time and got out with relief at point with the red circle, at a price average of $1.9511.


Could history repeat itself?

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