Monday, February 18, 2008

18 Feb 2008

GJ Hi at 212.17
Lo at 210.93

Day resistance line is at ~213.77
Day support line at ~210.67

As such, place Long limit order at 212.17, TP at 213.17, SL at 211.17
For short limit order, I placed it at 210.93-25pips = 210.68, TP at 209.68, SL at 211.68

GU should finds its support at 1.9502 and should it be so, formed the B-wave and thus creating the potential for GU to reach new high at 1.974

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