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Saturday, September 17, 2005

RHB



I’m still holding my RHB. I thought there would be a correction right after last Thursday long shadow hammer, but the buying strength was great. The minimum target of 0.85 has been breached. If it still keeps going up, then my Fibonacci target will be 1.22 for wave 3. The daily and weekly charts all show an overbought condition. So, I will only try to get more after the correction (if any).

My entry: 0.595, 0.645 and 0.715

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