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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.

Tuesday, February 26, 2008

STX Pan Ocean 260208

We did indeed see STX Pan Ocean soften a little after 20 feb. Having said that, we still see STX Pan Ocean trading within the short term uptrend channel (blue), although it hit the downtrend resistance (upp pink) and uptrend resistance (mid blue) today.

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For tomorrow :

Support @ 2.913 (low blue), 2.78 (green)
Resistance @ 3.00 (upp pink), 3.07 (mid blue), 3.14 (18 feb high)

Good Luck !!

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