China Hongx has broke below the short term uptrend channel (green) on 25 feb, and continues to trade within the downtrend channel (pink).
As discussed, we may see China Hongx testing the reversal point of 0.605 very soon.
For tomorrow :
Support @ 0.594 (low pink), 0.540 (upp red)
Resistance @ 0.650 (upp pink)
Good Luck !!
Monday, March 3, 2008
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