Welcome! Have a profitable trading day ahead of you!

Thursday, July 27, 2006

Asia Environment

As requested by ChaiQi. Asia Environment is one of the other water-treatment specialist serving the growing China market. From the chart and rsi reading, it may go sideway with a downward bias before moving upwards. The blue arrow at the further right suggest the estimated time period that it has the chance to breakout from consolidation. Support at .265 and .245. Barring any negative events in China, buy on weakness above .245 with a short term trading target of .29.

No comments: