The market continues to move sideways on downward bias as it re-test downward resistance turned support line. It is likely to close the gap made last 4/2/08 except if US Markets come up with a reversal tonight.
Tuesday, April 15, 2008
Choppy Trading for Hangseng
Hangseng opened soft and drift to the negative territory on morning trade but turned around in afternoon session and went on to finished with slight gain of +90pts or +0.38% on thin turn-over value of HK$ 71.45B.
The market continues to move sideways on downward bias as it re-test downward resistance turned support line. It is likely to close the gap made last 4/2/08 except if US Markets come up with a reversal tonight.
The market continues to move sideways on downward bias as it re-test downward resistance turned support line. It is likely to close the gap made last 4/2/08 except if US Markets come up with a reversal tonight.
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