looks to be on the upper end of the trend line and also bordering the upper bollenger band.....RSI is pretty strong up in the 70's which as you will notice was the case in Jul 03 and also Nov 03 (both of which spelt the start of a decline). Hopefully it bucks the trend which it appears to be doing by breaking the resistance levels of both Jul 03, and Nov 03.
I am only a novice to TA so any constructive critisim/contary views are welcomed....
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HPX
hpal limited
looks to be on the upper end of the trend line and also...
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Mark Waller, MD
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