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.

Tuesday, December 25, 2007

Ferro China 241207

Ferro China managed to break out of the downtrend channel (brown). I've added in 3 uptrend lines (light blue) to show the support and resistance levels for the next few days.

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For wed :

Support @ 1.759 (lower light blue), 1.686 (brown and green)
Resistance @ 1.80 (middle light blue), 1.849 (upper light blue), 1.867 (red)

Good Luck !!
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