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.

Wednesday, April 2, 2008

China Hongx 020408

Although China Hongx opened above the 0.650 resistance level (red --), it closed below it due to selling pressure. China Hongx just about closed on the uptrend support (low purple).

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For tomorrow :

Support @ 0.618 (mid green), 0.569 (low red), 0.541 (low green)
Resistance @ 0.650 (low purple, red --), 0.674 (upp red), 0.700 (upp green)

Good Luck !!
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