May just have to sit tight and wait for it to break above the long term downtrend (red dotted) with volume.
For 8 jan :
Support @ 7.50, 7.41 (lower light blue), 7.35
Resistance @ 7.55 (upper light blue), 7.64 (red dotted)
Good Luck !!
Tuesday, January 8, 2008
SPC 070108
SPC seems to be trading within the triangle (light blue) which I've just added. Haven't quite got out of the Descending Triangle which I've described on 4 jan.
May just have to sit tight and wait for it to break above the long term downtrend (red dotted) with volume.
For 8 jan :
Support @ 7.50, 7.41 (lower light blue), 7.35
Resistance @ 7.55 (upper light blue), 7.64 (red dotted)
Good Luck !!
May just have to sit tight and wait for it to break above the long term downtrend (red dotted) with volume.
For 8 jan :
Support @ 7.50, 7.41 (lower light blue), 7.35
Resistance @ 7.55 (upper light blue), 7.64 (red dotted)
Good Luck !!
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