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Sep 04

TECHNICAL ANALYSIS BY NSFX 04.09.2013

By:Nati

High:  Low: 

Following yesterdays close above the wedge drawn on the chart an raising trend channel could be drawn with resistance going forward at the 155.50 area before we can see a test of 156.00 or the yearly high 156.70. Support could be found at the 154.50 area before any test of further levels at the 153.75 region. Below this the 100 day SMA may come into play.

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R1
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