Thursday, March 27, 2008

27 Mar 2008

Report at 0830hrs SGT
GJ
Nearing EMA21 on the daily chart.
It could be another day for the price to hover between 200.5 and 194.5

But a breakout is imminent. Should it break up and above 200.5, it can reach 203 than 205.5.
Of course, on the reverse, support is at 194 and 195.

GU
CCI on a daily chart show up trend, but soon it will go into overbought and reverse.
From the daily chart, resistance is at 2.0143 and 2.0270.

A good support is form at EMA200 and EMA100 in the range 1.998 and 1.992, which explain the rebound yesterday

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