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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, April 9, 2008

China HongX 090408

China Hongx traded sideways for the last few days, and it seems to have found support at the 0.610 level (blue ....).

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Again, if China Hongx fails to hold on to the 0.610 support (blue ....), we might see it revisiting the 0.545 level.

For tomorrow :

Support @ 0.610 (low red, blue ....), 0.545 (blue --)
Resistance @ 0.6212 (low purple), 0.650 (red --), 0.661 (upp red), 0.6812 (upp purple)

Good Luck !!

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