English
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Jul
31
TECHNICAL ANALYSIS BY NSFX 31.07.2013
By:Nati
High: Low:
On the graph an upward triangle pattern could be forming. Support at the 50 day SMA held over the past few days, a close below this could see a test in the area of the 100 day SMA and a triangle support line drawn on the chart. If the pattern sees a close above resistance a trading opportunity could be present to possibly see a test of 108.70 a high from two years ago.
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