Short-term wise, Sky Petrol looks to be trading within the uptrend channel (blue).
However, looking at the chart, we can see that in the long term, Sky Petrol still looks to be on the downtrend (red and purple). Moreover, volume hasn't even been anywhere near the 50m mark.
For tomorrow :
Support @ 0.460 (critical), 0.425 (purple and red converge), 0.410
Resistance @ 0.477 (middle blue and red converge), 0.505 (upper blue)
Good Luck !!
Wednesday, January 2, 2008
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