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 17, 2008

Sky Petrol 160108

Ever since failing to break the resistance convincingly on 8 jan, Sky Petrol has been free-falling within the downtrend channel (pink).

Photobucket

1st support level @ 0.335, which is the low around the sept 07 period.

2nd support level @ 0.315, which was from where it broke up on 20 aug 07.

Resistance 0.374 (upp pink).

Good Luck !!
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)