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.

Wednesday, April 9, 2008

BakerTech 090408

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).

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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 !!

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