HL Asia has a Double Bottoms chart pattern failure. The stock was unable to break the neckline resistance and the stock price headed south since then. Currently HL Asia is trading below the 3 Moving Averages. Also take note that 200D MA (a long term trend) is sloping down which is a bearish sign.
HL Asia on Down Trend!
- Post author:Marubozu
- Post published:June 12, 2011
- Post category:HL Asia
- Post comments:0 Comments