After 4 apr, BakerTech came no where near to testing the long term downtrend resistance (upp pink). Instead, BakerTech broke the uptrend support (low purple) on 8 apr, and even broke the 0.280 psychological support today, almost touching the long term downtrend support (low pink).
If BakerTech fails to hold on to the support (low pink), we might see it testing the 0.260 level.
For tomorrow :
Support @ 0.280 (green --), 0.272 (low light blue), 0.268 (low pink), 0.265 (low red), 0.2587 (pink ...)
Resistance @ 0.284 (mid pink), 0.288 (upp light blue), 0.2927 (low purple), 0.300 (upp pink)
Good Luck !!
Wednesday, April 9, 2008
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