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, July 5, 2008

BakerTech 040708

BakerTech seems to have found temporary support at the 0.255 level (red --), but it is still trading within the downtrend channel (pink), like it did in mid feb to mid mar.

If the 0.255 support (red --) breaks, Baker Tech would most likely hit the 2008 low of 0.240.

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For monday :

Support @ 0.255 (low blue, red --), 0.250 (low pink), 0.240
Resistance @ 0.262 (mid red), 0.270 (upp blue, blue --), 0.272 (upp pink), 0.275 (pink --)

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