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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.

Wednesday, January 23, 2008

Lian Beng 230108

I've added another support (green - -) for Lian Beng. This was the level (0.480 - 0.490) from where Lian Beng broke up on 2 oct 07.

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From the chart, we can also see the long term uptrend support (blue) meeting this support (green - -) sometime next week.

If this support breaks, we might see Lian Beng going down to the 0.40+ region.

For tomorrow :

Support @ 0.490 (green - -), 0.485 (blue), 0.4656 (low pink)
Resistance @ 0.572 (mid pink)

Good Luck !!

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