Sunday, March 26, 2006
China Wheel as requested by Andrew
Breakout at above 39.5 cents with high volume. RSI just moved into oversold area slightly above 70% border. Stochastics in oversold region. If 42 cents closing level cannot hold price will drop to the red dotted line mid candlestick support at 40.5 cents. Immediate resistance is the record high of 43 cents. New record high maybe achieve tomorrow. Breakdown thru 39.5 cents support shown as the dark blue dotted line will need reassessment.
# posted by Cherie : 2:25 PM
