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 9, 2008

Yangzijiang 070308

Yangzijiang seems to have found some temporary support around the 0.925 level. But it is still trading very close to the 2 supports (low pink, low red ...).

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If Yangzijiang breaks these 2 supports, we might see it trading within the downtrend channel (red --) and testing the 0.800 level.

For monday :

Support @ 0.932 (upp red --), 0.9063 (low pink), 0.8936 (low red ...), 0.827 (low red --)
Resistance @ 0.9703 (upp red ...), 1.042 (mid pink), 1.106 (upp pink)

Good Luck !!
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