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.

Thursday, January 3, 2008

BakerTech 030108

As discussed on 31 dec, we saw Baker Tech breaking breaking 3 trendlines (blue, purple and purple dotted). It almost hit the longterm uptrend resistance (upper blue).

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Today again sees Baker Tech trading within the uptrend channel (blue). I've also added in some short-term uptrend support and resistance (green).

For tomorrow :

Support @ 0.360 (lower blue), 0.357 (purple dotted), 0.349 (blue dotted)

Resistance @ 0.369 (lower green), 0.373, 0.3838 (upper blue, middle green converge)

Good Luck !!
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