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.

Sunday, February 24, 2008

Ferro China 220208

Ferro China seems to have come off the boil after hitting short term uptrend resistance (upp light blue) on 20 feb. Profit taking ?

Photobucket

We might see Ferro China trading within the downtrend channel (pink --), with 1.30 as the short term support (low light blue meeting low pink --)

For monday :

Support @ 1.558 (mid light blue), 1.458 (low pink --), 1.40 (low light blue)
Resistance @ 1.625 (upp pink --), 1.716 (blue), 1.738 (upp light blue)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)