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, February 3, 2008

SPC 010208

As discussed on 25 jan, we saw SPC staging a recovery this week. However, SPC seems to have lost a little bit of steam on 1 feb.

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However, it did managed to close just above the long term support (low red), on 1 feb. I have a feeling we may see some profit taking the coming week.

For monday:

Support @ 6.332 (low red), 6.25 (upp blue), 5.91 (mid blue)
Resistance @ 6.584 (mid red, low blue --), 6.932 (upp blue --)

Good Luck !!
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