Tisco is at a very crucial level. It has moved above the 0.618 level of the range 437.15 to 329.05.
437.15 high was made on 05/10/05 & a low of 329.05 was made on 28/10/05.
A fib level is drawn on the chart of Tisco.
A level 405 is very important for Tisco on a closing basis. Once crossed, we can see Tisco moving up very strongly, which is supported by volumes. Another level where we can see some resistance would be 414 which is 0.786 of the range.
The supports are marked in blue. Only 405 level is marked in red to show the importance of this level.
Sunday, February 05, 2006
TISCO update
Tisco is at a very crucial level. It has moved above the 0.618 level of the range 437.15 to 329.05.
437.15 high was made on 05/10/05 & a low of 329.05 was made on 28/10/05.
A fib level is drawn on the chart of Tisco.
A level 405 is very important for Tisco on a closing basis. Once crossed, we can see Tisco moving up very strongly, which is supported by volumes. Another level where we can see some resistance would be 414 which is 0.786 of the range.
The supports are marked in blue. Only 405 level is marked in red to show the importance of this level.
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