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.

Saturday, December 15, 2007

Uni Asia Finance 141207

From the chart, you can see that Uni Asia hit the resistance @ 1.18 on 13 dec, which was where the downtrend resistance (red dotted) and long term downtrend resistance (red) met.

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On 14 dec, Uni Asia touched and closed on the long term downtrend support of 1.05 (green). If that breaks, next support would be at 1.00 (6 dec low).

For Monday :

Support @ 1.03
Resistance @ 1.11 (red dotted) and 1.15 (red)

Good Luck !!
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