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 3, 2008

Uni Asia Finance 010208

Uni Asia Finance broke below the short term support (low green) which I added on 25 jan. It is also currently trading below its 0.760 psychological support.

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From the chart, I believe Uni Asia Finance should probably be trading within the downtrend channel (red --). Watch for any breakout with volume.

1 Feb volume - 1,406 lots

For monday:

Support @ 0.638 (low red --), 0.611 (red ...)
Resistance @ 0.712 (mid red --), 0.760 (blue --), 0.812 (upp red --)

Good Luck !!

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