Tuesday, March 07, 2006
Asia Pharmacy - Friday, March 03, 2006
Taking reference from the failed hammer formation on 28th February 2006 the immediate resistance is 77.5 cents and the immediate support is 74 cents. 77.5 cents is also the gap resistance formed on 24th February 2006. For the last 2 days price movement has been within the range of the failed hammer candlestick showing the power of this bar. RSI and stochastics showing weakness. The support at 74 cents maybe tested. Should this support break the next support will be 72 cents formed by the inverted hammer on 20th February 2006.
# posted by Cherie : 4:21 PM
