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.

Thursday, January 17, 2008

Yangzijiang 170108

Although Yangzijiang broke below the longterm uptrend support (green) initially, it still managed to close above the support.

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Yangzijiang will need to trade above the support (green) for a few more days before we can see any chance of it reversing its downtrend.

For tomorrow :

Support @ 1.40 (low pink - -), 1.347 (low pink)
Resistance @ 1.501 (green, mid pink - -), 1.568 (upp pink - -), 1.632 (low red)

Good Luck !!
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