In order to reverse the down trend, CH Offshore would have to break 2 resistance - 0.815 and 0.825, and with volume. That is, provided it can open above 0.795 on 21 dec.
Support @ 0.750 (brown) and 0.730 (blue).
Good Luck !!
Thursday, December 20, 2007
CH Offshore 191207
Although CH Offshore was trading higher compared to 18 dec, it is still within the downtrend channel (brown).
In order to reverse the down trend, CH Offshore would have to break 2 resistance - 0.815 and 0.825, and with volume. That is, provided it can open above 0.795 on 21 dec.
Support @ 0.750 (brown) and 0.730 (blue).
Good Luck !!
In order to reverse the down trend, CH Offshore would have to break 2 resistance - 0.815 and 0.825, and with volume. That is, provided it can open above 0.795 on 21 dec.
Support @ 0.750 (brown) and 0.730 (blue).
Good Luck !!
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