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.

Sunday, January 13, 2008

SPC 110108

Monday will be very interesting for SPC as 3 trendlines will be meeting - The longterm downtrend (red dotted), the 7.50 support (blue dashed), and the uptrend support (lower light blue).

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If SPC opens @ 7.50, watch for volume (must be > 856) to indicate a break out.

Resistance @ 7.65 (middle light blue), 7.75 (upper light blue)

Good Luck !!

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