25 Mar 2008

Report at 1045hrs SGT

GJ
GJ touch 200 yesterday, but whether it can continue the up trend lies on whether it can beat EMA21 (daily chart) at 200.9. CCI continue to show up trend but may end when in overbought position.

Resistance is at 200.9 (EMA21 daily chart) and at EMA55 (daily chart) at 205.8

Of course, a fall back to support at 195 is a possibility, before hitting low at 192.6

GU
On the daily chart, CCI show up trend.
1.997 (EMA200 daily chart) pose as a resistance for any up movement.

On the support, 1.983 (EMA55 1 hour chart) before 1.973