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.

Tuesday, March 25, 2008

China HongX 250308

After hitting the long term downtrend support (red) on 20 mar, China Hongx recovered the next few days and even broke the downtrend resistance (pink) today.

Photobucket

I've added a short term uptrend channel (purple) to see if China Hongx can maintain its uptrend momentum.

For tomorrow :

Support @ 0.537 (pink, mid green), 0.470 (low purple, upp pink --), 0.428 (low green), 0.425 (low pink --)

Resistance @ 0.600 (mid purple), 0.616 (upp green)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)