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Saturday, September 16, 2006

StockWatch (Sept 18-22,2006) ALI, SMPH, MAB

MAB

A possible symmetrical triangle is emerging from MAB. But at this point, im not so sure if the volume confirms it.


SMPH

The ascending triangle is still intact with resistance at 8.20. Im expecting that this may reach 8.10-8.20 before pulling back to near support of 7.80-7.90


ALI

The ascending triangle is still intact. If it is still unable to break resistance at 14.25, this would be a confirmation that it is now on a sideways movement with a range of 13 -14.25

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