
Attempted to enter major resistance zone in afternoon trading but met with resistance at $1.42.
Price action may be restricted in the $1.42 to $1.55 resistance zone while the bulls and bears fight to gain control over this zone.
Immediate lower support zone is $1.32 to $1.26.
Monitor 200 EMA and resistance and support zones.
Trend Watch
Thursday, January 24, 2008
Yangzijiang 30 mins chart
Posted by
Fibo
at
8:16 PM
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1 comment:
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