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Some blue chips are breaking their uptrend line

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Some blue chips are breaking their uptrend line Empty Some blue chips are breaking their uptrend line

Post by hlk Wed 12 Sep 2012, 08:35

Many blue chips are testing their uptrend line now while a few are
breaking below it. I have appended below a few blue chips that have
just broken their uptrend line; thus increasing the likelihood that
they may slide further. This will put pressure on the index.

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Chart 1: HLFG's daily chart as at September 11, 2012_11am (Source: Quickcharts)

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Chart 2: Tenaga's daily chart as at September 11, 2012_11am (Source: Quickcharts)

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Chart 3: CIMB's daily chart as at September 11, 2012_11am (Source: Quickcharts)

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Chart 4: KLK's daily chart as at September 11, 2012_11am (Source: Quickcharts)

Alex Lu Tue, 11 Sep 11:53
hlk
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