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14 March : Stocks to buy - Z-obee
Z-obeeThis is another hot stock pick for weeks coming ahead. From the technical chart, Z-obee looks like it is going to form a ascending triangle with breakout point around 40-41 cents. Take note that 40 cents level has been tested 2 times from past few months stock market action. Once 40 cent is broken, Z-obee will start next leg of advance.
On the longer horizon, ( refer to weekly chart below ), the stock has broken all time high of 31.5 cents and this means that technically, Z-obee will face less resistance in the price movement upwards technically.
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