Monday 6 July 2009

Dubai Financial Market July 5th (Re-post)

ARMX

Aramex does not look like a stock that is serious about a “break out” to new highs.

It has closed at a level 13.8% below the recent high at 1.52, and in a span of less than 2 trading sessions.

See what happens at 1.20 and WHEN. Above 1.52 this week is good news, but gaining over 16% in four trading sessions is not easy.

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