Dow Theory - Harts Australia 01/02/01
A lot of bad news last week on Harts Australia and how they failed to
properly destroy confidential customer documents and records.
The attached
chart shows how the chart trended down into the news and has since
stabilised. A good example of how bad news is released into an existing
trend anyway.
Of course it is a bit early to suggest the trend is back up
again and confirmation of an uptrend is always better before considering a
trade.
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