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.

Friday, March 28, 2008

BakerTech 280308

BakerTech broke the 0.280 psychological resistance (green --) with volume today. BakerTech also closed on the day high, which is right on the uptrend resistance (mid purple).

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Would be interesting to see if BakerTech can open above the 0.280 psychological resistance (green --) on monday. If it does, the resistance may turn into support.

For monday :

Support @ 0.2875 (upp red), 0.280 (green --), 0.2735 (low red), 0.270 (low purple)
Resistance @ 0.295 (mid purple, mid pink), 0.3076 (upp purple), 0.3105 (upp pink)

Good Luck !!
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