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, January 5, 2008

China Aviation Oil 040108

China Aviation Oil broke above the uptrend support (middle light blue) today with volume (2,163 vs 746).

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However, we need to see China Aviation Oil breaking above the blue line before we can confirm that the downtrend has reversed.

For Monday :

Support @ 2.110 (middle light blue), 2.040 (lower light blue), 2.00 (red dotted)

Resistance @ 2.183 (blue), 2.22 (upper light blue)

Good Luck !!
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