Chemrez Technologies. I've been closely watching this stock lately. It has been forming a bullish descending wedge pattern with breakout point around P3.00 - P3.05. Notice the volume during this descent. Sign of increased activity? On the otherhand, MACD has been sloping upwards which is a bullish sign. Looks like signals for a buy - upon breakout of course.
Showing posts with label COAT. Show all posts
Showing posts with label COAT. Show all posts
Thursday, March 27, 2008
Care For COAT This Summer?
Chemrez Technologies. I've been closely watching this stock lately. It has been forming a bullish descending wedge pattern with breakout point around P3.00 - P3.05. Notice the volume during this descent. Sign of increased activity? On the otherhand, MACD has been sloping upwards which is a bullish sign. Looks like signals for a buy - upon breakout of course.
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