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 14, 2008

China Milk 140408

There wasn't enough follow through buying for China Milk today, closing just on the downtrend resistance (upp red --).

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If China Milk cannot open above the uptrend support (low blue), then we might see it testing the 0.680 support (blue --), or maybe even the 0.650 support (blue ...)

For tomorrow :

Support @ 0.6977 (upp red --), 0.680 (blue --), 0.650 (blue ...), 0.643 (low red)
Resistance @ 0.715 (low blue), 0.740 (red ...), 0.767 (upp blue), 0.780 (upp red)

Good Luck !!

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