Monday, February 4, 2008
Yangzijiang 30 mins chart $1.30 resistance turned support must be defended
Bulls regain critical higher ground and the $1.32 to $1.30 resistance zone has been transformed into the new support zone. Bulls must retain this higher ground to ensure price momentum remains strong. New immediate resistance is now $1.36 to $1.39. Monitor 20 EMA, 50 EMA and 200 EMA resistance and support lines.
Posted by Chart Smart at 2:16 PM
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