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Jun 24

TECHNICAL ANALYSIS BY NSFX 24.06.2013

By:admin

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We see a downtrend which sees us at lowest price range since mid 2010. A support level from drawn in the 19 dollar area held a lot of interest back then. Resistance can be drawn using the 20 day SMA which has not seen a close above since early May. Pivot point calculations shown on the chart indicate a range with support at the 19.60 area and resistance in the 20.30 area.

R3
R2
R1
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S3