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

Yangzijiang 141207

Yangzijiang broke the uptrend support (blue) @ 2.00 on 13 dec. And it also closed below downtrend support (green dotted) @ 1.96 on the same day.

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Yangzijiang couldn't break the downtrend resistance (red dashed) of 1.99 on 14 dec.

Should see it trading within the downtrend channel (red dashed and green dotted) for next week, and testing 1.90 (28 nov low).

For Monday :

Support @ 1.90
Resistance @ 1.95

Good Luck !!
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