Monday, August 2, 2010

Trading BUY on Wave 3 impulse: INCO/CPIN/INKP

INCO: Wave 3 impulse on the way, moderate buying power, potential breakout flag target 4.750/5.225
CPIN: Uptrend, buying power is high, even candle advanced block, to target breakout 5.400 for 5.850/area 7.050-7.300.
INKP: Breakout descending wedge & fibo arc (area 1.770-1.790) to target 2.025/2.280 (if breakout 2.100) as long as neckline in 1.662 does not broken, weak buying power yet, MACD in neutral territory.

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