As requested by Old Chunky: UTAC. 0.81 proves to be a strong resistance. But as in the same nature, it will be a strong support once it is taken out convincingly. For it to maintain its course in its current uptrend channel, it has to close above 0.79. Positive signs will be a close above 0.81 with high volume. Fibo 38.2% retracement at 0.87, a near term target to reach for. Friday, July 07, 2006
UTAC
As requested by Old Chunky: UTAC. 0.81 proves to be a strong resistance. But as in the same nature, it will be a strong support once it is taken out convincingly. For it to maintain its course in its current uptrend channel, it has to close above 0.79. Positive signs will be a close above 0.81 with high volume. Fibo 38.2% retracement at 0.87, a near term target to reach for. 
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