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.

Thursday, February 28, 2008

Uni Asia Finance 280208

Right after our discussion on 26 feb, Uni Asia Finance broke the short term uptrend support (light blue) and long term downtrend support (low pink). Uni Asia Finance even closed below the psychological support (blue) of 0.760 today.

Photobucket

I've also added a short term downtrend channel (pink --). From the chart, we can see that if Uni Asia Finance continues to trade within this channel, we might see it testing the long term downtrend support (red) soon.

For tomorrow :

Support @ 0.7411 (low pink --), 0.700 (red)
Resistance @ 0.760 (blue), 0.7844 (low pink), 0.829 (mid pink)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)