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.

Wednesday, March 19, 2008

China Aviation Oil 190308

Not only did the rebound for China Aviation Oil not materialise, it went on to create new lows after 10 mar.

Photobucket

China Aviation Oil can't seem to be able to get out of the downtrend channel (red). There is a possibility that China Aviation Oil would first have to hit 1.15 (low red meeting low pink) before there's any chance of a rebound.

For tomorrow :

Support @ 1.213 (upp red), 1.18 (low red), 1.16 (low pink)
Resistance @ 1.324 (low red --), 1.403 (mid pink), 1.415 (upp red --)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)