Wednesday, December 19, 2007

SPH -testing resistance at 8.4

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SPH = 8.4 ( 0.0% )

SPH formed a black candle with higher low and decreased volume.

SPH seems to be having a hard time moving above the resistance at 8.4. But the formation of higher low might be an indication that this resistance might be broken in the near future.

Good luck to all SPH traders!

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