HL ASIA | ChiamHM.com

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An ascending triangle is forming for HL ASIA. Besides, we also can see a golden cross of MACD & stochastic KD line which is marching to 50% from oversold. In most of the cases, a breakout of an ascending triangle shall indicates the continuous of the trend. However, in this case we are supported by signals from MACD & stochastic where i have more confidence in breaking up of the ascending triangle. Simple strategy, where buy at breakout with protective stop. Good try!!!

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