China Communications Services Corp (0552) : Sitting Dangerously on Kumo Support

Sep 28, ’09 6:42 PM
Author iam802 Categories HKSE Tags ,

On the Ichimok Weekly Chart, we can now see that China Communications Services (0552) is sitting just on top of the kumo support.

If this support breaks (or if it does not move up within a month), we can easily see that the price will pierce through the support and that will signal a bearish outlook.

2009Sep-China Communications Services Corp-800x600

Related posts:

  1. China Communications Services Corp (0552) : Poise for another breakdown.
  2. IntercontinentalExchange Inc. (ICE) : Chikou Span cuts price. Watch the Support
  3. China Fishery (B0Z) : Bearish Cross Sighted
  4. Russell 2000 (RUT) : Critical Kumo Support
  5. 3PAR Inc (PAR) : Testing kumo support at 10.70
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