Monday, October 25, 2010

Global Logistics Properties 30 mins chart Testing Critical Supports



Critical orange support and red dual uptrend support being tested on 30 mins chart. Support failure here will result in further declines. Conversely, a successful rebound will probably test previous resistances.

Potential Supports

1. Blue support band

2. Pink support area

3. Green all time low major support belt


Potential Resistances

1. Ichimoku Storm Cloud

2. Resistance band at 2.30 to 2.29

3. All time high peak resistance 2.33

1 comment:

albina N muro said...

Critical orange support and red dual uptrend support being tested on 30 mins chart. Support failure here will result in further declines. Conversely, a successful rebound will probably test previous resistances. palletline logistics

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