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.

Tuesday, April 15, 2008

China Sky 140408

China Sky has been trading within the downtrend channel (pink --) ever since breaking the uptrend support (low green) and 1.10 psychological support (blue --) on 9 apr.

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However, China Sky seems to have found temporary support around the 1.00 level.

If China Sky continues to trade within the downtrend channel (pink --), we might see it testing the 0.960 - 0.965 level.

For tomorrow :

Support @ 1.013 (low blue), 0.987 (low pink --), 0.950 (low pink), 0.922 (low red)
Resistance @ 1.048 (mid pink --), 1.062 (upp red), 1.076 (upp blue), 1.09 (upp pink --) 1.10 (blue --)

Good Luck !!
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