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, March 30, 2008

STX Pan Ocean 280308

It has been another roller-coaster ride for STX Pan Ocean since its fall on 10 mar. STX Pan Ocean broke the 2.82 psychological support (blue --) on 13 mar. And in a matter of 9 days, it broke up the 2.82 resistance.

STX Pan Ocean is now trading within the uptrend channel (green --). It tested the uptrend resistance (upp green --) today, before closing above the 2.82 psychological support (blue --).

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For monday :

Support @ 2.82 (blue --), 2.76 (low green --), 2.647 (upp blue), 2.60 (mid red)
Resistance @ 2.978 (upp green), 3.07 (upp green --), 3.186 (upp red)

Good Luck !!
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