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.

Sunday, March 30, 2008

Uni Asia Finance 280308

Uni Asia Finance came to within a whisker of the long term downtrend support (red) on 20 mar. Thereafter, Uni Asia Finance managed to recover and is now trading within the uptrend channel (blue).

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Uni Asia Finance also broke the downtrend resistance (upp pink --) on 25 mar, and another resistance (upp green) today. On both days, the break out was with volume.

If Uni Asia Finance continues to trade within the uptrend channel (blue), we might see it testing the 0.760 psychological resistance (blue --) next week.

For tomorrow :

Support @ 0.713 (upp green), 0.660 (low blue), 0.6116 (mid green), 0.567 (low pink, upp pink --)
Resistance @ 0.736 (upp red --), 0.760 (blue --), 0.791 (upp blue), 0.800 (upp pink)

Good Luck !!
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