If you compare todays bar with the one on 21 dec, both look similar. So we may expect about a week or 2 of sideways trading, with each day's trading range of about 5 to 20 cents.
For tomorrow :
Support @ 7.35, 7.30
Resistance @ 7.50
Good Luck !!
Monday, January 14, 2008
SPC 140108
As discussed on 11 jan, SPC hit the resistance of 7.75 (upper light blue) before closing below the 7.30 support level (green dashed).
If you compare todays bar with the one on 21 dec, both look similar. So we may expect about a week or 2 of sideways trading, with each day's trading range of about 5 to 20 cents.
For tomorrow :
Support @ 7.35, 7.30
Resistance @ 7.50
Good Luck !!
If you compare todays bar with the one on 21 dec, both look similar. So we may expect about a week or 2 of sideways trading, with each day's trading range of about 5 to 20 cents.
For tomorrow :
Support @ 7.35, 7.30
Resistance @ 7.50
Good Luck !!
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