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.

Thursday, March 6, 2008

STX Pan Ocean 060308

STX Pan Ocean broke out with volume today. It broke above the uptrend resistance (upp green) and the long term downtrend resistance (red).

Keep in mind that the trend prior to this break out was a double-top.

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For tomorrow :

Support @ 3.23 (red), 3.13 (upp green), 3.08 (mid blue), 2.984 (upp pink), 2.965 (low blue)
Resistance @ 3.371 (upp blue)

Good Luck !!
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