Monday, March 16, 2009
StraitsAsia
 StraitsAsia has formed higher lows and horizontal highs at 83 cents. It needs to break above its neckline (84.5 cts) and the two moving averages to see further upside. Other potential resistances are 83.5-84 cts (38.2% fibonacci retracement), 86.5-87 cts (50% fibonacci retracement), 89.5-90 cts (61.8% fibonacci retracement) ...... However, a break below the upward sloping support line will trigger further weakness. Trade with care. Other related link : |
posted by stockpicking at 8:35 PM
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