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.

Friday, December 21, 2007

China Aviation Oil 211207

China Aviation Oil managed to trade out of the 3 downtrend lines (brown), but only just. Could still be going sideways for awhile.

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If you look at the charts, China Aviation Oil could be poised for action in the next few days as the orange, green and blue trendlines converge.

For Monday :

Support @ 2.048 (green)
Resistance @ 2.109 (blue) and 2.149 (orange)

Good Luck !!

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