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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.

Wednesday, March 26, 2008

Lian Beng 250308

Although Lian Beng managed to recover over the last few days, you can see from the chart that it's still trading below many trendlines.

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I think it'd be awhile before we can see Lian Beng testing the 1st psychological resistance (green --). First resistance looks to be around the 0.400 level.

For tomorrow :

Support @ 0.3545 (mid pink --), 0.344 (low purple), 0.3126 (low pink --)
Resistance @ 0.3834 (upp purple), 0.3922 (upp pink --), 0.4053 (low red)

Good Luck !!
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