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LFC - PnF pattern alert today "long tail up"


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#1 hiker

hiker

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Posted 22 December 2006 - 01:11 PM

long tail up pattern alert today on the PnF chart -

http://stockcharts.c...allery.html?lfc


LFC ipo in Shanghai news -

http://yahoo.reuters...i...News&rpc=44

article excerpt -

An indicative price range will be established on Friday, institutional subscriptions to the offer will be accepted next Monday and Tuesday, and retail subscriptions will be accepted on Tuesday, the company said.

The final price and results of the offer will be announced on Thursday next week, the day on which the company will start returning to investors the subscription funds frozen for the IPO.
China Life expects to list on the Shanghai Stock Exchange on Jan. 11 at the latest, the official Shanghai Securities News said.


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#2 PorkLoin

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Posted 22 December 2006 - 05:40 PM

Howdy Hiker, I have loved that chart for a long time - the strength and regularity of the uptrend. And recently - what a Blast-Off. Sweet. 'Tis a good omen for the coming year. Doug