Thread: Chip Eng Seng
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Old 04-12-2007, 12:03 PM
SamuelJ SamuelJ is offline
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Talking Chip Eng Seng

Thinking of buying this counter for short term. The peak's over, and now its on a consolidation after falling sharply. Should I buy it since its in consolidation?
Checked the fundamentals, doing well. Increasing sales n Revenue / Net profit, Return on Equity > 15%. Thinking of buying it when it hits support of about 0.6 resistance at 0.64. For the MACD, it shows the blue line crossing above the red line slightly. Stoch still shows it slightly above the 20 mark. Attached is the file. Thanks a million. Comments welcome.
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chip-eng-seng-2007dec-chipengs-640x506.png  
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