China Sky 190308

China Sky indeed broke the downtrend support (mid pink --) on 17 mar, and went on to test (and broke) the 0.800 level on 18 mar, which is right on the long term downtrend support (low pink), before recovering to close above the support (mid pink --) today.



From the chart, you can see that China Sky is now trading within many downtrend channels (red --, pink -- and pink). If China Sky breaks the long term downtrend support (low pink), we might see it test the 0.600 level (low red --).

For tomorrow:

Support @ 0.8322 (upp pink --), 0.738 (low pink), 0.73 (low pink --), 0.6874 (low red --)
Resistance @ 0.9017 (upp red --), 0.941 (low red), 1.034 (upp pink)

Good Luck !!