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

Lian Beng 250108

Lian Beng managed to recover after it hit a low of 0.480 (2 oct low) on 22 jan. It also managed to break above the downtrend resistance (mid pink) on 25 jan.

Photobucket

If Lian Beng can break above the higher downtrend resistance (upp pink), we might see it testing the last support of 0.670 (blue - -). If not, Lian Beng will probably trade within the upper downtrend channel (between mid and high pink).

For monday :

Support @ 0.561 (mid pink)
Resistance @ 0.630 (upp pink), 0.670 (blue - -)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)