Disclaimer

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.

Friday, December 21, 2007

STX Pan Ocean 211207

As discussed earlier, STX Pan Ocean went sideways for 2 days, before break out today @ 2.69, which was indicated by the downtrend resistance (lower red).

Photobucket

It fell a little short of touching the uptrend support of 2.89 (blue) It did managed to touch the upper downtrend resistance line (upper red).

For Monday :

Support @ 2.65 - 2.67, 2.425 and 2.338

Resistance @ 2.774, 2.881 and 3.05

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)