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.

Tuesday, January 1, 2008

BakerTech 311207

Today, Baker Tech opened right on the uptrend support (blue dotted). I've added a downtrend resistance line (purple), and Baker Tech closed right on the line @ 0.355.

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Wed would be critical as we can see Baker Tech being forced into a corner @ 0.3538 (purple and blue converge).

For Wed :

Support @ 0.3433 (blue dotted), 0.3352 (blue dashed), 0.325 (lower purple), 0.3178 (red)

Resistance @ 0.3538, 0.3614 (purple dotted)

Good Luck !!
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