Thursday, March 09, 2006
HL Asia - Review
$1.48 hammer tail support broke yesterday. Taking reference from 15th Nov 2005 and 21st Dec 2005 as shown by the dark blue line the new tentative support is $1.45. RSI and stochastics are weak because of strong downtrend pressure. 200 day exponential moving average support is at $1.43. Volume has been declining since 1st March 2006. Still waiting patiently.