Thursday, February 4, 2010

CapMallsAsia First Sunshine



First time price moves above the Ichimoku cloud since 17 Dec 2009 as shown on the hourly chart. This Ichimoku cloud which is called the kumo in Japanese will now act as a support zone. Trading will most probably be confined within the green channel.
Further review and assessment will be conduct if there is a breach of this green channel.

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