31 Mar 2008

Report at 1000hrs
GJ
It still continue to hover in the trading range of 200.5 and 196.4

Today morning, looking at the 1 hour chart, GJ was trading below EMA200, but within an hour, it sailed above EMA200. This give a good for GJ to hold above 198.7.

Looking at the daily chart, resistance is still at 200.5 EMA21.
Support is at 196.4.

GU
Resistance look strong at EMA200 (1 hour chart) at 1.9965, but should GU go up pass this resistance, it can expect EMA200 (daily chart) at 1.9988, then above 2.0000 to 2.0070

Support is at EMA55 (daily chart)at 1.9895