Friday, March 17, 2006
Ferrochina as requested by Andrew
A new high of 76 cents was achieved again this morning after breaking thru the previous high of 75.5 cents. Daily RSI and stochastics forming ranges along the overbought borders of 70% for RSI and 80% for stochastics. Immediate support is at 70 cents the dark blue bold trendline. Uptrend is still valid as long as the 67.5 cents lower red dotted line as shown in the chart holds. Chart is as per time stamped.