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Sep 24

TECHNICAL ANALYSIS BY NSFX 24.09.2013

By:Nati

High:  Low: 

Trading taking place following the breakout from the wedge consolidation that took place between April and August. An upward trend channel drawn on the chart saw resistance reached last Thursday at 159.96 and we could see a retest of this level if the trend continues up. Support close to the 158 figure before a test of 156.65 support can be seen.

R3
R2
R1
S1
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S3