Tuesday, June 24, 2008

24 Jun 2008

Reported at 0730hrs SGT
GY
Stubbornly, GY showed no breakout but held to the support at EMA200.As EMA21 and EMA200 closes in to less than 25 pips, and the BB has been squeezed for the last days.
The hour chart showed a support EMA200, pending which support or breakthrough determines the trend.

Peak 19 Jun at 213.3 offer the first resistance, well EMA21 at 210.3 offer the firs support. The rest of the resistance and support is the same analysis as yesterday.

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