Although Ferro China opened below the uptrend support (lower light blue), it still managed to close within this uptrend channel.
However, it would need to break up the long term downtrend resistance (red) to really signal a downtrend reversal.
For Monday :
Support @ 1.7879 (lower light blue), 1.6488 (blue)
Resistance @ 1.8078 (red) 1.8788 (upper light blue)
Good Luck !!
Sunday, December 30, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment