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Jun 04

TECHNICAL ANALYSIS BY NSFX 04.06.2014

By:Nati

High:  Low: 

Possible resistance towards the $105 mark which could see a triple top formation on the daily chart. Should the price action reverse then support could be offered in the region of 102 dollars per barrel region and the 50 day SMA, a break lower could target the 101 dollar per barrel level.

R3
R2
R1
S1
S2
S3