We could be looking at Baker Tech heading eventually for the 0.160 support (pink --) before there's any significant rebound.
For tomorrow :
Support @ 0.180, 0.160 (pink --), 0.159 (low red)
Resistance @ 0.180, 0.200 (mid red), 0.215
Tuesday, August 19, 2008
BakerTech 190808
The reversal indicator did not materialise, instead, we saw Baker Tech breaking the 1st long term downtrend support (mid red) the day after (16 aug). Although BakerTech formed a Doji today, but I feel this would only be a slight reprieve.
We could be looking at Baker Tech heading eventually for the 0.160 support (pink --) before there's any significant rebound.
For tomorrow :
Support @ 0.180, 0.160 (pink --), 0.159 (low red)
Resistance @ 0.180, 0.200 (mid red), 0.215
We could be looking at Baker Tech heading eventually for the 0.160 support (pink --) before there's any significant rebound.
For tomorrow :
Support @ 0.180, 0.160 (pink --), 0.159 (low red)
Resistance @ 0.180, 0.200 (mid red), 0.215
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