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Tuesday, December 9, 2008

Starhub


Commentary:
Todays action completely overshadown the past 4 days price action (Outside bar). Open high close low with high vol on a strong market day when STI surge 5.75%.
Strategy:
Traders who still hold long position on Starhub should consider exit strategy as soon as possible. For aggressive shortist, if price action drops below today's low, short position can be initiated for quick profit.

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