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, March 3, 2008

BakerTech 030308

BakerTech seems to have found temporary support at 0.285 (green --), and it also formed a Harami Cross today.

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Since the prior trend is a down trend, the Harami Cross usually points out the bottoms and could be a sign of a reversal, but we will need to see any one of the following confirmation signals - BakerTech gapping up or a higher close tomorrow.

For tomorrow :

Support @ 0.285 (green --), 0.280 (upp red --), 0.270 (low red --)
Resistance @ 0.290 (low red), 0.292 (low pink), 0.300 (upp red), 0.3104 (blue)

Volume for 030308 (2,085)

Good Luck !!
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