Fund technical analysis - Lion Capital Thailand

Technical chart - Lion Capital Thailand

Lion Capital Thailand is on radar screen based on fund screening results of 22/2/08. Since it is more risky to initiate a long position after a breakout from down trend, so patience is required. Since then the old major resistance is breached slightly, now the fund is in small retracement. If the up trend is intact, the next price target for Lion Capital Thailand is 2.45 + (2.45 - 2.1) = 2.8. See double bottom pattern

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