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.

Wednesday, January 9, 2008

BakerTech 090108

Baker Tech failed to break above the psychological resistance of 0.380 today. And it also opened below the downtrend resistance (upper light blue).

Photobucket

The lower peak with weaker volume may see Baker Tech trading within the downtrend channels (light blue). This would depend on whether Baker Tech can hold onto it's support @ the 0.360 level.

For tomorrow :

Support @ 0.3611 (blue dotted), 0.3533 (blue dashed), 0.3488 (pink dotted, lower light blue converge)

Resistance @ 0.3674 (upper light blue), 0.3724 (blue), 0.380 (red dashed)

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)