Heikin-Ashi and China Mobile (CHL)

May 16, 2012

A short look at China Mobile ADS (CHL)

  1. Uptrend with obvious support
  2. Yesterday’s inside heikin-ashi candle suggests a slowdown of the short-term downtrend
  3. haDelta averages (lower pane) point to a support

Conclusion:  Heikin-ashi reveals an attractive look of CHL here.

 

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