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Aug 06

TECHNICAL ANALYSIS BY NSFX 06.08.2013

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High:  Low: 

Price still on uptrend, just only at 108.76 sellers will try to make price to fall. Just a confirmation above 109-110 will attract long term buyers. The 21 days simple moving average is a valid support and likely at 105.80 buyers activity will appear. For short sellers  area 105 is considered an entry point with target 102.44 where buyers will try to be in control again. Just below 100.5 sellers will try to test the demand line in area 98.50.

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