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 17, 2008

Uni Asia Finance 150208

Uni Asia Finance tested the 0.760 psychological resistance thrice this week. Will it be able to break out of this resistance after spending more than 3 weeks trading below this resistance.

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I've added a short term uptrend channel (light blue). If Uni Asia Finance can maintain within this channel, we might see it testing the long term downtrend resistance (red) very soon.

For monday :

Support @ 0.7445 (low light blue), 0.7288 (upp red --), 0.635 (mid red --)
Resistance @ 0.760 (psy resist), 0.810 (red, upp light blue)

Good Luck !!
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