19 May 2008

Reported at 1000hrs SGT

GY
Looking at the daily chart.
WMA5 attempt to clear EMA100 again. It was supported at 203.3 (Fib retracement line). Will it be able to punch through?

If it can, it will reach EMA100 at 206.0. But before the Fib Line at 204.4, which is also after EMA21 and EMA55.

On the other, failing the support at 203.3, will bring GY to 202.0 (Fib Line)