28 January 2013, Monday, 9.10am Singapore Time
US Market Stock: Manulife (NYSE: MFC)
As attached, Manulife will be on a relatively significant mid-term up-wave.
Price Satisfaction based on Price Structure at $12.10 was hit, after which it underwent an accumulation (buy) phase hovering around $12.10 to form a significant double bottom.
The chart above illustrates all the buy signals:
Powerful Buy Points: DARK GREEN TRIANGLE
2ND LEVEL BUY POINTS: RED SATISFACTION LINE
3RD BUY POINT: BREAK-UP OF $12.15 AND FUTURE BACKTEST OF $12.15 AS SUPPORT.
Target 1: $18.15
(Approximately +50% profits)
Hence, Strong Buy based on Donovan's Market Analysis.
Multiply your wealth with Manulife.
Multiply your wealth with Manulife.
It's business operations in Asia is projected to do well based on Donovan Technical Analysis.
Donovan's Market Analysis:
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