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Feb 25

TECHNICAL ANALYSIS BY NSFX 25.02.2016

By:

High:  Low: 

Oil price shifted down, further away from 34.25 resistance level in what could be a repetition of January’s peak and breakdown. The price declined sharply, trading below MA20 and MA50 at 31.90 and 32.15, which is a negative factor.

R3
R2
R1
S1
S2
S3