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, February 18, 2008

BakerTech 180208

BakerTech has been climbing steadily within the uptrend channel (green) for the last 2 weeks or so. We may see some consolidation as BakerTech trades nearer to the long term downtrend resistance (pink ...).

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If BakerTech can break through this resistance (pink ...), we could see it forming some support at the 0.350 level.

For tomorrow :

Support @ 0.330 (mid green), 0.315 (low green), 0.305 (blue)
Resistance @ 0.350 (pink ...), 0.355 (upp green)

Good Luck !!
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