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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.

Friday, March 28, 2008

China Sky 280308

The 1.10 level still seem a little difficult for China Sky. It came to within 2 cents of testing it today. The 1.00 level looks to be the temporary support (upp pink) as China Sky tested it on 27 mar.

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If China Sky is able to break the 1.10 resistance, we might see it testing the 1.30 - 1.35 region. Keep watch on the volume too.

For monday :

Support @ 1.024 (low pink --), 1.00 (mid purple), 0.975 (upp pink), 0.921 (upp purple --)
Resistance @ 1.08 (upp red, low green), 1.10 (upp purple), 1.166 (upp green, upp pink --)

Good Luck !!
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