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

Lian Beng 220208

Lian Beng just about managed to stay within the short term uptrend channel (green), although it did break slight below the support (low green).

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Will we see another break out? Just like what happened on 19 feb? If Lian Beng breaks the uptrend support (low green), it will probably trade within the downtrend channel (pink).

For monday :

Support @ 0.571 (low green), 0.544 (low pink), 0.517 (blue)
Resistance @ 0.584 (upp pink), 0.600 (mid green), 0.623 (upp green)

Good Luck !!
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