WORLD TIME MAP

Wednesday, February 13, 2008

Jade Blocked by 200 days EMA Resistance Line


200 EMA days resistance line capping further price advance. Immediate support is gap support at 17 cents. Next support is gap support at 15 cents. Bulls need to break 200 EMA to trigger another rally to clear the 2 red downtrend resistance lines. Descending triangle base support turned resistance zone 23 to 21 cents is a major barrier that may take a few attempts to break.

No comments:

Google