ACTA 09.11.2007

After quite a good week for the ACTA stock we had a fall on Friday. From our previous analysis we could expect a fall in stock price after reaching the resistance level. On Friday the days high touched the resistance line and the stock fell 2.3% to 21 NOK. This is also confirmed from the RSI resistance line. We now see a possibility for a fall in stock price this coming week down to the support level at about 19.50 NOK. We are still positive to the stock overall and believe that the falling trendline in the price chart is soon to be tested again (from todays situation).