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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.

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).

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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 !!

1 comment:

JaCk said...

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