Friday, January 25, 2008

TUNA On My Menu

Tuna (closing at P1.66) has just been added into my watchlist. It recently broke out of its channel and the same time formed a long pole. It has been consolidating recently to form what I see as a pennant. Its MACD is likewise moving towards positive territory. A break above this pennant formation could take this stock to at least P2.20.

Tuna, anyone? Belly, panga, sashimi...

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