Sinotel hammer rebound from penta support

Penta Supports :

1. Blue lower channel support

2. Red upper channel support

3. Green trend line support

4. 50 days EMA support

5. Lavender support zone

Immediate pink resistance currently blocking mini inverted hammer candlestick bar formed at 1230 lunch closing. Stochastics crossover at oversold region. Need an increase in buying interest in the afternoon trading session to clear pink resistance zone and challenge the next dark green resistance zone. Failure of lavender support zone will probably result in the closing of gap at 56 cents.