Singapore Stock Market News

Shanghai - Take Profits After The fall

StockFanatic
Publish date: Tue, 20 Jan 2015, 09:20 AM
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SHCOMP - Daily Chart
Vertical rallies have one major problem - they build no support for corrections and sell-offs can be swift and deep. SHCOMP's near 8% sell-off today, after a vertical rally since Oct'14, runs the risk of a quick correction that has the potential to be as deep as 2500.

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