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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 2, 2008

Yangzijiang 020108

Yangzijian seems to have lost a little bit of momentum after running since 21 dec. I've added in a long term downtrend resistance line (red)by joining the peaks of 18 and 29 Oct, and extended it. You can see that Yangzijiang touched the support @ 1.94 today.

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We may see Yangzijiang testing a few supports (red dotted) in the next few days.

For tomorrow :

Support @ 1.93, 1.87
Resistance @ 2.00, 2.05, 2.11

Good Luck !!
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