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.

Thursday, June 19, 2008

BakerTech 190608

Today is T + 9 since BakerTech surged and hit the 0.325 resistance (red --) on 6 jun. Moreover, Baker Tech formed a Gravestone Doji today too. Would we see a repeat of the pattern of 6 jun?

If Baker Tech breaks the uptrend support, we could see it testing the 0.290 support (red ...), which it did not touch since 15 may. If Bakertech breaks the long term downtrend resistance (red), we could see it testing at least the 0.315 resistance (pink --).

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For tomorrow :

Support @ 0.2957 (low blue), 0.292 (low pink), 0.290 (red ...)
Resistance @ 0.300 (blue ...), 0.305 (pink ...), 0.307 (red), 0.310 (upp blue), 0.312 (mid pink), 0.315 (pink --)

Hope you find my analysis helpful. Thank you for your support !!
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