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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 18, 2007

SPC 181207

Today, SPC broke up from the long term downtrend resistance (red) as well as the uptrend support (blue dotted).

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8.00 still remains a bit psychological barrier for SPC to break. If that breaks, we may see it hitting 8.30 (red dashed).

For tomorrow :

Support @ 7.83 (red), 7.90 (blue dotted)
Resistance @ 8.00, 8.05 (green), 8.30 (red dashed)

Good Luck !!

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