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.

Monday, January 7, 2008

STX Pan Ocean 070108

Spectacular rise, and almost spectacular fall. STX Pan Ocean gained 20.62% on 28 dec. Today, it has lost almost 2/3 of its gain.

Photobucket

If STX Pan Ocean cannot maintain above the uptrend support (lower blue), we may see it testing 2.86 soon.

For tomorrow :

Support @ 3.10 (lower blue), 3.0151 (upper blue dotted), 2.8808 (lower blue dotted)
Resistance @ 3.1808, 3.2293

Good Luck !!

(only managed to upload the chart to photobucket after numerous tries. dunno if it's their problem)

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