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.

Saturday, March 8, 2008

China Sky 070308

China Sky broke the long term downtrend resistance (upp red) and short term uptrend support (blue) on 4 mar. It also broke the 1.13 (22 jan) low.

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China Sky is now trading very close to the downtrend support (low red, low pink --). If that breaks, we might see China Sky testing the long term downtrend support (pink).

For tomorrow :

Support @ 1.00 (low pink --), 0.993 (low red), 0.822 (pink)
Resistance @ 1.118 (mid red), 1.174 (mid pink --), 1.23 (upp red), 1.33 (blue)

Good Luck !!
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