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Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Tuesday, December 11, 2007

Sky Petrol 111207


Sky Petrol managed to break out of the downtrend channel (g and h) and hit the resistance level of 0.515 before closing @ 0.505 (+0.015).

We may see Sky Petrol testing 0.515 again tomorrow. If that breaks, the next level it would test would be the intersection of trendlines b and f @ 0.531.

Good Luck !!
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