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.

Wednesday, April 23, 2008

Ferro China 230408

Ferro China broke above the uptrend resistance (mid light blue) with volume today. FerroChina also broke the 1.44 resistance level (red ...).

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If Ferro China can trade above the 1.44 level, it would be a good support level.

For tomorrow :

Support @ 1.47 (low light blue --), 1.44 (red ...), 1.40 (upp light blue), 1.37 (low pink)
Resistance @ 1.50 (upp pink), 1.55 (upp light blue --), 1.58 (red --)

Good Luck !!
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