China Aviation Oil managed to recover from its 22 jan low and even broke above the downtrend support (low red) last fri, 25 jan.
I've added a short term uptrend channel (green). If China Aviation Oil can maintain its uptrend momentum, we might see it testing the long term downtrend support (pink).
For monday :
Support @ 1.577 (low red, low green), 1.40 (upp red - -)
Resistance @ 1.722 (pink, upp gree), 1.844 (upp red)
Good Luck !!
Sunday, January 27, 2008
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