Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Monday, December 17, 2007

China Aviation Oil 171207

Today, China Aviation Oil broke down from 2 important trendlines - down trend resistance (green dashed) and uptrend support (blue).

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Almost tested the next support @ 2.00 indicated by the green dotted line. If this breaks, we could see China Aviation Oil testing 1.92 (20 nov low).

For tomorrow :

Support @ 1.97 (green dotted)
Resistance @ 2.05 (green dashed)

Good Luck !!

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