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Hong Kong Highpower increases but presents a doji
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This report is following yesterday's chart of the day.
Stocks are continuing to present relative strength during the first few days of trading. Hong Kong highpower technology broke out of its symmetrical triangle yesterday but formed a dojit candlestick. Even though the trend is still bullish, yesterday's candlestick does raise some concerns about the strenght of the current trend.
Trading tip- A stop loss should be used to prevent losses.
Hong Kong Highpower – Daily Chart
For today's chart of the day visit the homepage
To view today's the full economic calendar click here.
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