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Heikin-Ashi and China Mobile (CHL)
May 16, 2012
A short look at China Mobile ADS (CHL)
- Uptrend with obvious support
- Yesterday’s inside heikin-ashi candle suggests a slowdown of the short-term downtrend
- haDelta averages (lower pane) point to a support
Conclusion: Heikin-ashi reveals an attractive look of CHL here.