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 21, 2008

Yangzijiang 210408

Yangzijiang broke out of the long term downtrend resistance (upp red) with volume today. It also managed to close above the uptrend resistance (mid blue).

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If Yangzijiang can open at or above the uptrend resistance (mid blue) at 0.950 or above, there's a high chance we might see it testing the 1.01 resistance level this week.

For tomorrow :

Support @ 0.948 (mid blue), 0.9012 (low blue), 0.8913 (upp red)
Resistance @ 0.975 (upp blue), 1.01 (green, red --)

Good Luck !!
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