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.

Thursday, April 17, 2008

China HongX 170408

China Hongx managed to recover above the 0.590 support level (green --) today. It also managed to test the 0.610 resistance (blue ...).

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If China Hongx can trade within the uptrend channel (blue), we might see it breaking the 0.610 resistance (blue ...) soon.

For tomorrow :

Support @ 0.590 (green --), 0.580 (mid red), 0.545 (blue --), 0.535 (low red)
Resistance @ 0.593 (low blue), 0.610 (blue ...), 0.620 (upp blue), 0.635 (upp red)

Good Luck !!
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