HK Time : 11/22/2008 12:30:52 PM
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Guangzhen Rail <00525> reassures an upward trend after it has tested the support at $2.30. The share price poises to extend an upward trend and makes a breakout from the 10-day moving average where it is now at $2.52. Meanwhile it gains momentum along with an increase of trading volume. RSI-14 poises to recoup the 50-mark level, while Stochastic Oscillator is going to render a buying signal. These technical indicators suggest the counter to enjoy a technical rebound soon. Thus, an upward trend will probably bring up the share price to jump over $2.70.

CHINA INDICES
Index Last Value %Change
Shanghai A2,068.75-0.72%
Shanghai B105.92-1.74%
Shenzhen A581.50-0.78%
Shenzhen B248.09-0.23%

ASIA INDICES
Index Last Value %Change
Taiwan4,171.101.98%
Singapore1,662.102.98%
NIK225 Jap7,910.792.70%
Australia3,386.901.63%

FOREX
Index Last Value Unit
YEN95.9450YEN/USD
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GBP1.4925USD/GBP
AUD0.6324USD/AUD
CAD1.2668CAD/USD

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Index Last Value %Change
DOW8,046.426.54%
NASDAQ1,384.355.18%
FTSE1003,780.96-2.43%
CAC2,881.26-3.33%
DAX4,127.41-2.20%

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