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 19, 2008

BakerTech 180408

After hitting the 0.315 resistance level (pink --), BakerTech softened today but still managed to close right on the downtrend support (upp pink).

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If Bakertech breaks this support (upp pink) next week, we might see it testing the 0.280 support level (green --).

For monday :

Support @ 0.288 (upp pink), 0.280 (low red, green --), 0.277 (low green), 0.270
Resistance @ 0.293 (mid green), 0.305, 0.313 (upp red), 0.315 (pink --)

Good Luck !!
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