If China Sky cannot maintain within the uptrend channel (green), we may see it trading downwards in the downtrend channel (pink).
For tomorrow :
Support @ 1.52 (low green), 1.39 (upp red)
Resistance 1.54 (upp pink), 1.66 (upp green)
Good Luck !!
Monday, February 18, 2008
China Sky 180208
China Sky has somewhat weakened after breaking out on 13 feb. I've amended the uptrend channel (blue) to a less steeper one (green) and I've also added a downtrend resistance (pink).
If China Sky cannot maintain within the uptrend channel (green), we may see it trading downwards in the downtrend channel (pink).
For tomorrow :
Support @ 1.52 (low green), 1.39 (upp red)
Resistance 1.54 (upp pink), 1.66 (upp green)
Good Luck !!
If China Sky cannot maintain within the uptrend channel (green), we may see it trading downwards in the downtrend channel (pink).
For tomorrow :
Support @ 1.52 (low green), 1.39 (upp red)
Resistance 1.54 (upp pink), 1.66 (upp green)
Good Luck !!
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