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Oct
03
TECHNICAL ANALYSIS BY NSFX 03.10.2014
By:Nati
High: Low:
The 50 day SMA an important level of resistance, a break of which at the $94 mark could lead to bullish price action, with $96 a further level of interest. However it held and saw bearish action following the test, with a period of sub $90 oil yesterday. A close below the 90.14 mark could lead to test of support trend-line connecting lows in May 2010 and June 2012 at $88.10
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |