Wednesday, October 12, 2005

UTAC - A failed return


Based on the regression theory, the price shall stick to the middle line as the above chart. The support is 63 and the resistance is 66. And is on a downtrend. D+ and D- opened with D- tilting up. This is bearish. I guess, no reason to enter trade or go long.

0 Comments:

Post a Comment

<< Home




MY Email : Smartyinvestor@Gmail.com

YahooWeather Bull Fish Business Times TeleText Future Market Investor College Bloomberg NewsStreet Directory Yahoo Financial Google News CNA Financial CPF National Library Board Reuters e-finex HK Market News CommerceAsia ADVFNListed Company