Hard fought battle to gain new higher grounds which must be defended. Immediate support zone $2.66 to $2.51. Immediate resistance zone is $3.16 to $3.04 which will probably be tested tomorrow barring any unforeseen circumstance such as sudden drop in Dow Jones tonight. To ensure that a strong foothold is maintained to challenge the dotted green downtrend resistance line immediate support must not be broken. Failure here may break the green uptrend support line.
Thursday, February 14, 2008
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