China Sky 180408

China Sky continued trading within the downtrend channel (pink --) this week. However, it seemed to have found good support at the 1.00 support level (blue --).



If China Sky can hold onto the 1.00 support (green --) next week, there's a good chance it might reverse its downtrend.

However, if that support breaks, we might see China Sky testing the 0.900 level.

For monday :

Support @ 1.00 (low green, blue --), 0.960 (low pink --), 0.870 (low red)
Resistance @ 1.01 (upp red), 1.018 (mid pink --), 1.06 (upp pink --), 1.07 (upp green), 1.10 (red --)

Good Luck !!