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Sunday, October 14, 2007

In Retrospect: PAX, TUNA

PAX

PAX moved further down to 10.25 confirming the breakdown from the symmetrical triangle. As of current target price of P9.00 is not yet achieved. The move down has created a downward channel. The bullish divergence is still intact as of the moment, but price may still move further down dragging the RSI and MACD

TUNA

The price for TUNA is currently trapped in between the 65 and 130 day MA. There is still a possibility for a flag/pennant breakout for TUNA with a target price of around 2.25
Support is at 2.00

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