As discussed on 18 jan, after Uni Asia Finance broke through the 0.760 support on 21 jan, we saw Uni Asia trading in the lower downtrend channel (low,mid pink).
The next important support would be the long term downtrend support (low red). If this breaks, we might see Uni Asia heading for the 0.50, as indicated by the lower pink trendline.
For tomorrow :
Support @ 0.615 (low red), 0.600 (low pink)
Resistance @ 0.700 (mid pink), 0.760 (blue - -), 0.784 (upp pink), 0.886 (low red - -)
Good Luck !!
Tuesday, January 22, 2008
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