Trend Watch

Thursday, January 24, 2008

Yangzijiang 30 mins chart


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.



1 comment:

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Trend Watch