Daily chart is shown. Looks like a possible uptrend channel is in the making. That is why I'm loading up with ICBC-C1. News report of possible 50% increase in profit. That explains the gap on the 10th of July. The gap is covered now. If can break the previous high of 5.22, then this could be a possible wave 3.
Wednesday, July 18, 2007
ICBC
Daily chart is shown. Looks like a possible uptrend channel is in the making. That is why I'm loading up with ICBC-C1. News report of possible 50% increase in profit. That explains the gap on the 10th of July. The gap is covered now. If can break the previous high of 5.22, then this could be a possible wave 3.
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