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.

Saturday, April 5, 2008

BakerTech 040408

BakerTech traded above the 0.280 psychological resistance (green --) and downtrend resistance (upp red) today. BakerTech is still trading within the uptrend channel (purple).

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Next resistance level for BakerTech looks to be around the 0.310 level (pink --). However, BakerTech would first need to break the long term downtrend resistance (upp pink) before there can be any chance of testing it.

For monday :

Support @ 0.288 (mid pink), 0.2835 (low purple), 0.280 (green --), 0.276 (upp red)
Resistance @ 0.3026 (upp pink), 0.3066 (mid purple), 0.310 (pink --), 0.314 (upp purple)

Good Luck !!
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