Friday, November 6, 2009

20091106 1410 BORNOIL Weekly Chart Study.



Significant increase in volume transaction spotted on Bornoil weekly chart. Once touched through the first resistant level at 0.375 but currently still struggling to maintain itself above it. Crucial resistant rest at the 0.41 level and should this level breached with supportive volume, it is likely to test the 0.495 level. Strong support stands at 0.305 level. 

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