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.

Sunday, January 27, 2008

China Aviation Oil 250108

China Aviation Oil managed to recover from its 22 jan low and even broke above the downtrend support (low red) last fri, 25 jan.

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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 !!

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