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.

Monday, April 21, 2008

China HongX 210408

China Hongx broke several resistance with volume today. First, it broke the 0.610 resistance (blue ...), then the downtrend resistance (upp red), and lastly the uptrend resistance (mid blue).

Photobucket

China Hongx should open above the 0.610 resistance (turned support now) tomorrow. But whether it can open above the downtrend resistance (upp red) remains to be seen.

For tomorrow :

Support @ 0.625 (upp red), 0.610 (low blue, blue ...), 0.595 (green --)
Resistance @ 0.642 (mid blue), 0.650 (red --), 0.660 (upp blue)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)