Sunday, December 16, 2007

STX Pan Ocean 14th Dec 2007

STX PO 141207

Another counter which broke the mid-term uptrend support of $2.80 last Friday.
Downtrend more confirmed with this breakdown.
Closed at $2.76, with most volume done at $2.75, $2.76 and $2.78 respectively.
Relatively high volume, with down bar.
Next supports at $2.68 and then $2.60.
Strong resistants at $2.80 and $2.81.
Eyeing on it like a hawk tomorrow.

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