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 9, 2008

Yangzijiang 090408

Yangzijiang broke the 1.01 support (red --) today. It is also trading below the uptrend support (blue). Furthermore, Yangzijiang just about closed on the downtrend support (low pink).

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If Yangzijiang fails to hold on to this support (low pink), we might see it testing the 0.900 level.

For tomorrow :

Support @ 0.9688 (low pink), 0.887 (upp pink --), 0.819 (low pink --)
Resistance @ 1.01 (red --), 1.058 (upp pink), 1.09 (blue)

Good Luck !!
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