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 23, 2008

BakerTech 230408

BakerTech broke the uptrend resistance (upp green) with volume today. It also tested the downtrend resistance (upp red) and the 0.315 neckline (pink --).

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If BakerTech continues to trade within the uptrend channel (green), we might see it testing or even breaking the 0.315 neckline (pink --).

If the support (mid green) breaks, we might see BakerTech testing the 0.280 support (green --).

For tomorrow :

Support @ 0.305 (upp green), 0.292 (mid green), 0.283 (pink, low green), 0.280 (green --)
Resistance @ 0.309 (upp red), 0.315 (red --), 0.3215 (green ...)

Good Luck !!
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