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.

Tuesday, September 30, 2008

BakerTech 300908

After faling to break the 0.150 resistance (green --) on 22 sep, Baker Tech is currently trading sideways between the 0.135 resistance (pink ...) and 0.120 support (pink --). However, BakerTech is still within the 2 downtrend channels.

Unless Baker Tech breaks the 0.135 resistance soon, we could see it continue to trade within the downtrend channel, and test the 0.100 level eventually.

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For thursday :

Support @ 0.120 (pink --), 0.115 (low red), 0.1108 (mid pink), 0.862 (low pink)
Resistance @ 0.1306 (upp pink), 0.135 (pink ...), 0.137 (mid red), 0.150 (green --)
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