Baker Tech managed to open above the lower green dotted trendline. It also broke through 3 resistance trendlines (upper green dotted, blue and orange dotted). Baker Tech closed just on the long term resistance (red).
Volume was also more than yesterday's. 6,710 vs 4,284.
If Baker Tech can open or trade higher tomorrow (above 0.337 - red line resistance), and with volume, we may see a reverse of the down trend.
Next resistance could be found @ 0.360
Good Luck !!
Tuesday, December 18, 2007
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